This work analyzes the evolution and structure of the main institutional arrangements devised for reducing transaction costs related to the risk of eviction when selling land or using it as collateral. By comparing private contracting, recording of documents and registration of title systems...

This work first describes the structure of the main institutional arrangements devised for reducing transaction costs related to the risk of eviction when selling land or using it as collateralóprivate contracting, recording of documents and registration of rights. It then analyses the...