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Real Estate in Costa Rica
Costa Rica's Horizontal Condominium Law
- Friday, 30 March 2012 04:50
- Last Updated on Wednesday, 28 March 2012 09:12
- Written by Russ Martin
What is a condominium, how the law improves zoning and security
A condominium in Costa Rica isn't necessarily a big building or a complex with a lot of units. In 1998 the legislature passed the Horizontal Condominium Law.
A horizontal condominium under the law is any property that has met the basic requirements and has been registered as such. There are several advantages to registering a development as a horizontal condominium, including restricting access, better community services, more strict building requirements and restrictions.
Property Registry Monitoring Service
- Wednesday, 27 April 2011 09:19
- Last Updated on Wednesday, 27 April 2011 09:32
- Written by Russ Martin
For as little as $143 per year, you can rest easy knowing that your Costa Rica real estate is safe and secured from malicious intentions. The Private Property Registry offers a daily monitoring service that detects changes in the property information in the National Registry, they will notify you in time to take action to prevent some crook from:
* Taking out loan on your property representing themselves as you.
* Selling it to someone else.
* Faking a transfer of title and then taking out a loan in another person's name.
Costa Rica Commercial Real Estate Definition
- Wednesday, 16 February 2011 09:26
- Last Updated on Wednesday, 16 February 2011 10:15
- Written by Russ Martin
This article provides a definition of Costa Rica commercial real estate for our readers, members, writers, reporters and clients. It starts with generally accepted definitions and then what our current policy is regarding inclusion in our commercial real estate section.
Blueprint for a Scam - How a Guanacaste Farmer Lost His Family Farm
- Wednesday, 10 November 2010 17:04
- Last Updated on Wednesday, 10 November 2010 17:22
- Written by Russ Martin
At the end of October, the local TV station Teletica ran a 3 part report detailing one incident of fraud in the National Registry. This article resumes and translates the report from the original Spanish video.
Protecting Land and Property in Costa Rica - Squatter's and Possession Rights
- Thursday, 22 July 2010 11:08
- Last Updated on Monday, 29 November 1999 18:00
- Written by Russ Martin
Most foreigners owning property in Costa Rica don't have to worry much about these issues, however you should be aware of them. Historically, Costa Rica has had a bias towards people actually using the land. This stems from Colonial times, when most settlers were not “conquistadors” looking for glory and gold, but farmers looking for land.
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