Here we will go into a little more detail concerning some legal documents and their purpose, definitions, and outline some of the typical closing cost associated with Nicaragua Real Estate.
Tuesday, March 30, 2010
Wednesday, March 24, 2010
Deciding How to Take Title - Corporation vs Personal
There are a couple of options when taking title or ownership to real estate in Nicaragua. Some of the most common are through a corporation (either Corporacion Sociedad Anonima or Compania Limitada) or personally using your legal name.
Monday, March 22, 2010
Nicaragua Real Estate Transactions (3 of 3)
Due Diligence Before you Buy Part 3 of 3
Title Insurance in Nicaragua
We recommend title insurance on every transaction we represent. Although it is not required in Nicaragua, and previously unavailable until 1999, the insurance afforded by these policies is definitely worth the cost.Friday, March 19, 2010
Nicaragua Real Estate Transactions (2 of 3)
What to Avoid in Property Titles
Thursday, March 18, 2010
Nicaragua Real Estate Transactions (1 of 3)
Due Dilligence Before you Buy
Documents to Review
Nicaragua property law has had its ups and downs....and is very different from modern registration systems in place in the US and Canada. Its likely that you will be unfamiliar with the process when you start looking for property but that does not automatically mean it is dangerous.
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