http://www.costa-rican-real-estate.com/2008/01/should-full-value-be-declared-on-a-costa-rica-property/ News & Tips on Buying & Selling Property in Costa Rica Thu, 09 Sep 2010 19:01:00 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.costa-rican-real-estate.com/2008/01/should-full-value-be-declared-on-a-costa-rica-property/comment-page-1/#comment-52 Sales Process Overview, Part III: | Costa Rica Real Estate Thu, 31 Jul 2008 19:10:31 +0000 http://www.costa-rican-real-estate.com/?p=52#comment-52 [...] There are boiler-plate concerns that the lawyer will study on every deal, and these don’t need to be itemized. The most basic is, can the seller sell the property? Does he/she own it free and clear?Are there any encumbrances? The lawyer will make a study of the National Registry (www.registronacional.go.cr) for most of this information. What, if any, easements are there on the property?If the property is part of a development, are there any Codes, Covenants & Restrictions (CC & Rs)? Buyer will know what monthly and annual fees are required in ownership of the property.Annual taxes are ¼ of 1% of declared purchase price. Click here to read an article on how to declare the value of your land purchase in Costa Rica. [...] [...] There are boiler-plate concerns that the lawyer will study on every deal, and these don’t need to be itemized. The most basic is, can the seller sell the property? Does he/she own it free and clear?Are there any encumbrances? The lawyer will make a study of the National Registry (www.registronacional.go.cr) for most of this information. What, if any, easements are there on the property?If the property is part of a development, are there any Codes, Covenants & Restrictions (CC & Rs)? Buyer will know what monthly and annual fees are required in ownership of the property.Annual taxes are ¼ of 1% of declared purchase price. Click here to read an article on how to declare the value of your land purchase in Costa Rica. [...]

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