Report Property and Corporations in Real Estate in Costa Rica Posted July 2, 2014 A corporation can own assets such as real estate. In order for that ownership to be properly documented, it must be registered in the National Registry and in the corporate books. The entry in the National Registry must be done by a Notary. The entry in the books must be made in legalese, in Spanish, in black ink and handwritten. When a corporation is formed, stock must be issued to the owners who must sign for it in person, and four officers must be designated. The president and the secretary have the power to act in the name of the corporation. Those officers' names are registered in the National Registry. When the corporation needs to do something such as purchase property, a personaria juridica must be issued by the National Regisrty to verify that the person acting for the corporation is, in fact, qualified to do so. Since the stockholders could remove an officer at any time, a personaria juridica is only valid for thirty days.