You can take the title directly in your name, your entity, or a trust. However if you do so you will be responsible for coordinating with the local Colombian municipality and paying your land taxes once a year. As an alternative, and an option all LOT owners have taken, is to allow Farmfolio to be the custodian of the title and handle this for you.
Title insurance is not a standard practice in Colombia, but as part of our own due diligence we perform exhaustive research on the land and only purchase land with clean titles. We also only buy farms that have a title lineage of at least 30 years.