A reader who did not receive title documents at closing is now unsure about the title of her property. She commented on an article in the Tico Times: I purchased land in Costa Rica about 4 years ago I only have la carta catastrada and a letter from the notary public. I have to pay […]
You want to do a title search by property number of your Costa Rica real estate. You want to make sure you own a clear title. How do you do this? Often, we receive requests for assistance from property owners who want to check the title of their property on their own. They don’t know […]
A few days ago I received an email asking for legal consultation with a well-known Costa Rica real estate lawyer who has written some guest blogs for us. Because we have over 350 blogs about Costa Rica real estate and many other topics on our website, I get a lot of emails with requests. Some […]
Can someone purchase in my name in Costa Rica? I am not able to be there in time for the closing. This is a pretty common question we receive from clients. You are ready for your retirement in Costa Rica. Probably you have found the Costa Rica real estate you would like to purchase, hopefully […]
When you purchase, closing costs on Costa Rica property is quite important. Purchasing a Costa Rica property is always a good investment. Costa Rica property prices are very reasonable compared to many other countries. Also, property laws are quite clear and many locations have great potential for growth. When you purchase Costa Rica property, besides […]
As a foreign buyer, you are probably interested in learning about the important facts about Costa Rica Real Estate. Most people I know in the U.S. only dream about Costa Rica and very few really get to the point of retiring here. Nonetheless, thousands of retirees from the United States and other countries move to […]
The proceeds of a property closing in Costa Rica need to appear correctly in a deed. Why is that? I had what looked like a simple closing and it almost turned into a nightmare. That happened because the rules are changing. After closing, the seller deposited the proceeds of the sale in her local bank […]
Who pays closing cost in a Costa Rican real estate transaction? Purchasing Costa Rica property for sale is always a good investment: prices are reasonable compared to many other countries, the property laws are clear and many areas have great potential for growth. When you purchase Costa Rica property, several questions arise. Like who pays […]
At every Costa Rica real estate closing, the role of the closing attorney should be clear. Each real estate agent works different and usually many details are left to the closing attorney. And the choice of a closing attorney is not always in the power of the real estate agent. In a cash purchase, the […]
The Attorney Closing Fees are usually split 50/50 between buyer and seller unless negotiated differently. The Real Estate Agent should ensure that the real estate commission agreement is specified within the Buy-Sell Agreement signed by the Buyer and the Seller. Nonetheless, the agent should also include provisions which contemplate a commission split in the event […]
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by Ivo Henfling
