Forum Replies Created
-
Posts
-
Closing in Costa Rican are more formal than in USA or Canada, you would need to be present at closing or you would have to grant a POA to your attorney to represent you on the signature of the transfer deed. The transfer deed is printed in the Book Deeds or Protocol of the Public Notary (in many cases the same attorney). Make sure you are properly represented (once again do not us the same attorney from the developer) make sure your attorney confronts the title number with the survey number to make sure your unit is the same matching the title number. It has happened in other cases or other projects that the unit you purchase does not match with the title number and you end up buying your neighbors condo on paper. Make sure you get copies of all closing documents from your attorney. It is very important that you request a certification from the Municipality as to property taxes are paid up to date. If you have the opportunity to request copies of all building permits and enviormental permits from the Project this would also be of your benefit, unfortunatly there has been recent project that have not complied with such and could be shoot down by governmental authorities.
I personally have a condo in Coco and I have as property manager called Juan Carlos Peralta, he has done a great job for us.Good Day, I agree with the last comment (maravilla). Yet there is something more to this negative posted message from “duh”, why give a bad name to Costa Rica if someone has not taken the opportunity to follow all proper advices given in this excellent web site? It is very easy to blame it on Costa Rica, but should it really be blamed on the people that despite warning articles and despite their own common sense they move forward and purchase property without proper legal representation. Please dont blame Costa Rica for your own mistakes!!!
