Is Title Insurance Necessary in Costa Rica?

[dsullivan]

Thanks for your feedback on the issue of Title Insurance. As for Attorneys carrying malpractice insurance, I don’t know…but I would doubt it. Simply because most Costa Rican Doctors don’t carry malpractice insurance, so it follows that lawyers wouldn’t either. But that’s just my speculation on the matter.

Did you read what Scott said about his friend and lawyer who he trusts? Jose Rafael Fernandez said one does not need to buy Title insurance in Costa Rica. We have never had to buy it before, even when we had a lot close to the beach in Potrero. That’s why we questioned the need for it. It has never been mentioned to us before when we bought land there…so we were curious about finding out more information on the subject. There have been lots of various opinions about it. I tend to go with what Jose Fernandez said, since he knows the laws in Costa Rica better than most of us gringos.

It would be interesting to know if lawyers do have malpractice insurance though! If you find out, please let me know.
Thanks.
Diane

[dsullivan]

I too, would like to know this.

[Author]

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