The agrarian reform in Venezuela has not reached its original objectives regarding land distribution. The land market is the entity which regulates both the use of land as well as the structure of property. This market has developed very quickly since 1958. Moreover, this land market is increasingly dominated by corporations, individual businesspeople, and professionals, while small producers are losing importance. International financial organizations (such as the Inter-America Development Fund and the World Bank) show a growing interest in the land market. However, their objectives (creation of property records and establishment of clearer procedures, etc.) cannot be easily accomplished due to the complexity of local power relations. These relations substantially change the content of the measures established at the national level when applied in practice.