Stages of a common Real Estate Transaction in Costa Rica
Identify the property you want to purchase.
We recommend to constituting a corporation, and by means in that corporation, one can sing“Intent to purchase contract”.
One the term established on the intent of purchase contract is over and the down payment has been canceled, the title document (escritura de transpaso) is signed.
Final payment has to be canceled at this time.
The title document is send to the public registry to be registered.In a one-month term, the parcel is transferred to the new owner, and based on the registration and publicity principles that support the Costa Rican real property rights; the new owner has full government protection. www.atenas.cr