FIRST CADASTRE

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The First Cadastre Project's objective is to develop a real estate registration program which will provide: (a) property owners with security of ownership rights; (b) commercial banks with the confidence necessary to give secured credit against real estate; (c) the real estate market with information on ownership and location of property as needed for the market to function effectively; (d) government agencies and institutions with basic information for urban planning and land management; (e) the real estate market with information or property values; and (f) the private sector with opportunities to develop in areas related to real estate registration. The four components are: (i) a mapping program to finance the production of new maps, and updating of existing maps, over a five-year period; (ii) a urban cadastral services program to provide the institutional basis for registration of ownership rights in urban and intravillan areas, and storage and administration of ownership information; (iii) a rural cadastral services program to provide the institutional basis for registration of ownership rights in rural (extravillan) areas, and storage and administration of ownership information; and (iv) an institution and capacity building program consisting of three main sub-components (a) training, (b) technical assistance, and (c) the establishment of a project implementation office.