J&D Posted April 14, 2008 Report Share Posted April 14, 2008 Recently when in CR I looked at property in Cahuita. I found some but it was close to the beach and I was told it was concession and was in the maritime Zone. I emailed the realtor, this was her response: "About your Maritime zone question, I could tell you that the owner has done all the procedures to obtain titles and the documents are in the hands of a lawyer that is an expert in maritime zoning. If you are seriously, I would suggest that you make an official offer with the condition that the lawyer ensure you that she could traspass the demand for title to you." I have read as much as I could find on the different categories of land ownership. I was not aware that a concession could become titled. Could someone explain this to me/ Also, is it customary to make an offer without this knowledge? I appreciate all the help. I am in love with Costa Rica, as all of you are, and want to do due diligence so all is legal. Thanks, John Quote Link to comment Share on other sites More sharing options...
BobC Posted April 15, 2008 Report Share Posted April 15, 2008 you do not get a title for 'concession' properties - period move on and get a representative that knows of which they speak here is legal overview = legal stuff Quote Link to comment Share on other sites More sharing options...
J&D Posted April 15, 2008 Author Report Share Posted April 15, 2008 you do not get a title for 'concession' properties - period move on and get a representative that knows of which they speak here is legal overview = legal stuff Bob, Thank you so much. Not only did you answer my question but the link had a lot of valuable information. John Quote Link to comment Share on other sites More sharing options...
BobC Posted April 15, 2008 Report Share Posted April 15, 2008 John - in your initial post you elude to "this was her response" which presumes you were working with a woman - duh if it is the one I know of in that area, be very cautious because she has told me of having lost over $100,000 of her own money because she does NOT understand due dilligence or how to go about it read my signature site caveat emptor Quote Link to comment Share on other sites More sharing options...
J&D Posted April 16, 2008 Author Report Share Posted April 16, 2008 John - in your initial post you elude to "this was her response" which presumes you were working with a woman - duh if it is the one I know of in that area, be very cautious because she has told me of having lost over $100,000 of her own money because she does NOT understand due dilligence or how to go about it read my signature site caveat emptor Bob- again man, I can't tell you how much your information is helping me. So knowledgeable and willing to share. I have gone to you website and read it thoroughly. I think I will be contacting you there from now on. I need real concrete answers before I plunge into my Costa Rican life. Thanks so much, John Quote Link to comment Share on other sites More sharing options...
BobC Posted April 16, 2008 Report Share Posted April 16, 2008 glad we could be of some help John - and before ir was too late !!! this gal 'R' apparantly gave that attorney $100k + and didn't even get a receipt - then a year or so later she still had no property or money - not the sort of due dilligence I want any part of ..... we do not pay the attorney until we see the transaction at registro - not the promise of mañana, but the actual online verification - then there is very little chance the attorney will convert the property to his or his girl friend's name - si ? Quote Link to comment Share on other sites More sharing options...
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