What is the legal basis for owning property in Belize?
Title to property in Belize can be held in three different ways; Deed of Conveyance; Transfer Certificate of Title and Land Certificate. A Deed of Conveyance is the old form of title ownership and is a registered instrument of ownership. A Deed of Conveyance is a valid legal title once an attorney has confirmed that the seller has good title to the property. This form of ownership can be converted to a Certificate of Title with an application for first registration. Any subsequent buyer is issued a Transfer Certificate of Title. A Land Certificate is an absolute title and applies in new or specially designated areas. Under the Registered land Act of 1987, the government is converting all freehold land (held under Conveyance) to achieve a uniform system as areas are being surveyed.
The most straight forward way to own property in Belize is in your own name. It is also a simple process to hold the property in the name of a corporation and many Belizean law firms have ready shelf corporations for sale to make this process an efficient one.