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Buying a Property in The Dominican Republic
Your Real Estate Attorney should check that the following are all in order
Permits: Have your attorney confirm that the property may be used for the purposes you require.- Title Search: A certification should be obtained from the Title Registry Office regarding the status of the property.
- Survey: An independent surveyor should verify that the property being sold coincides with the one shown on the survey provided by the seller a qualified builder or architect should examine any improvements to be made to any structures to confirm that the plans presented are correct and that the improvements are in good condition.
Possession: Your attorney should ensure that the seller is in possession of the property and that no tenants or squatters rights exist.- Employees: The seller should pay any employees working on the property their legal severance up to the time of the closing; otherwise you may find yourself liable for these costs later.
In association with our experienced Partners in Dominican Republic we are happy to take you every step of the way for a trouble free purchase.
» The Domincan Republic
» Domincan Republic Property Buyers Guide - Part 1
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