Tropiland Panama Blog Investment and retirement real estate specialists in Azuero peninsula, Panama. Statistics Unique Visitors: Total Unique Visitors: Outgoing: Total Outgoing: 2 0 24 1577

Articles from Tropiland Panama Blog

Panama Property Checklist 2007-06-02 10:25:00 So you’ve found your dream property in Panama and you need to know what steps you need to take to ensure that it is going to be transferred safely and securely in your name (or the name of the legal entity of your choice). We have compilled a list of our top-ten prerequisite checks that will guide you through any real estate transaction in Panama: 1. Title check: If the property is titled (have an “escritura” registered with the Public Registry (Registro Publico), having the title checked is a very simple process. Simply request the "Finca" (lot) number, and have this investigated at the Public Registry. This will show any encumbrances (mortgages or liens) on the property, as well as show the ownership history. It is also useful to confirm the registered surface area of the property, and that the person who is selling the property is the actual owner.2. Rights of Possession - You cannot "purchase" rights of possession. But you can have them transferred to you. It is particularly ...