Registro Público de Panamá

There are 85 entries in this glossary.
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Term Definition
Addendum

Public Deed that supplementing a registered deed or pending to registration…

Affect

Record each property or company with entries that were admitted to the Property Public Registry.

Altered Turn

Request from the interested person to the General nb Manager to speed up the processing of a document submitted to the Journal upon payment B/.250.00 by rights.

Annotation

This is the procedure through which to register, regardless of the entry or main registration, in a preventive way or provisional legal status that affects or tax the property or the right, which protects such registration.

Appeal

Impugnation presented either by the person to whom it had practiced the registration, the person who appears as part in the documents or who has known interest in ensuring its effects or by who holds or certifies in authentic or voluntary form the representation of ones or another for that purpose addressed to the General Manager and spread on enabled paper when it does not comply with the dictated judicial decree by the Registrar in exercise of its powers, expressing the defeats of the document and in which he sets out the reasons of the appeal against the order of suspension or refusal of registration, which is referred to the Supreme Court of Justice for final decision.

Appeal of Reconsideration

Impugnation presented either by the person to whom it had practiced the registration, the person who appears as part in the documents or who has known interest in ensuring its effects or by who holds or certifies in authentic or voluntary form the representation of ones or another for that purpose addressed to the General Manager and spread on enabled paper when it does not comply with the dictated judicial decree by the Registrar in exercise of its powers, expressing the defeats of the document and in which he sets out the reasons of the appeal against the order of suspension or refusal of registration.

Archive Center of Registry Entries

Organized set of registry entries and files that are sent by the Delivery Section and the Department of Legal Services, which has been suspended or denied their registration or the Department of Legal Services has ordered closure of the case, inclusive their registration has been ordered but the user do not withdrawn within the year sent to section delivery.

Cancellation

Act through which annulled and becomes void partially or fully an annotation or entry, having been transferred or extinguished a right in whole or in part only.

Cancellation by Edict

Every entry to which it has made a firm order, either on a public office or sent for registration, and establish that it is defective so refuses or suspends the registration and may be canceled by decree.

Cancellation by number

Act through which it is annulled and becomes void completely an annotation or entry because there has been a back entry to correct the defective entry.

Cancellation by Over Time

It is the figure that is used to ignore temporary registered rights that affect property rights and expire by the mere passage of time.

Cancellation of Usufruct

Act through which, it is annulled and becomes void completely a note or an entry because the real law of temporal efficiency, which gives the owner the enjoyment of the profits derived from the normal use of another’s property, subject to obligation to repay in the terms set by the order the same thing or the death of the beneficiary of that right.

Certificate

Document issued by the certifier in which notes the existence of an event, act or quality to take the corresponding legal effects.

Certificate of History

Document issued by the certifier, which is recorded throughout the chain of title registration of each and every one of the events, acts or quality to take the corresponding legal effects.

Certification

It is the act through which the registrar is witness of the acts or records entered in the folio-mail, volume, on the roll or jacket for, or that do not exist, as well as the contents of the documents files of the institution in charge.

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