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Expert Advice
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Written by Russ Martin
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Thursday, 22 July 2010 17:08 |
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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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Written by Russ Martin
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Thursday, 22 July 2010 16:40 |
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Due to the dramatic increase in land values in Costa Rica in the 2000-2008 period, land fraud in the National Registry became a lucrative crime. This article explains the different methods criminals use to make changes to the property title and ways they make money using these techniques.
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Written by Russ Martin
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Thursday, 22 July 2010 14:44 |
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Form to request the PPR service, read other articles in this section to find out about registry fraud in Costa Rica and what the service does
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Last Updated on Thursday, 22 July 2010 17:30 |
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Written by Russ Martin
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Wednesday, 21 July 2010 22:23 |
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The PPR currently protects over 15,000 properties in Costa Rica, including all of those that have mortgages from Scotiabank Costa Rica. This company has a formal agreement with the Costa Rica National Property Registry (Registro Nacional), which allows them to automatically access the data contained in the Registry on a nightly basis.
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Last Updated on Thursday, 22 July 2010 17:34 |
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Written by Russ Martin
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Wednesday, 21 July 2010 22:16 |
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The Costa Rican National Registry (Registro Nacional) is the central location for property records in the country. The registry records the ownership information on many types of property:
- Mobile Property (registered vehicles) including: motorbikes, cars, boats, trucks, street legal quadricycles – aka ATVs, bicycles, light cargo (pickups), office equipment, tow trucks, buses, taxis, aquatic transport and heavy cargo vehicles.
- Real Property, including: Farms, lots, horizontal condominiums, condominium buildings, possession rights, concession rights, access rights, mortgages and liens on property.
- Intellectual Property, including: patents on inventions, industrial designs, software, trademarks, service marks, copyrights, and author's rights.
- Legal Entities, including: Corporations (Sociedad Anonimas), Limited Liability Companies and Partnerships, (Responsibilidad Limatada), Sport Clubs and Civic Groups.
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Last Updated on Thursday, 22 July 2010 17:35 |
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