This is a web-based administrative system used for the centralized management of the Land Registry Act and the Faroese cadastre. The system is a core system in the registration of property and rights in the Faroe Islands.
Manages data on:
• ownership
• assets and value
• restrictions (e.g. easements)
• mortgages and loans
Also used for registration of legal acts related to:
• vehicles
• movable assets
Banks use the system to:
• access information for property purchases
• assess collateral and financing
Connected to multiple national registries, ensuring:
• better data flow
• more efficient administration
• less manual work
A fundamental system supporting a transparent and efficient property market.