Real Estate in Costa Rica
Sometimes, we hear people from older generations talking about historical events that we didn’t witness, perhaps because we were not even around when such events took place. Other times we may have heard about some of those events, or we were around when they happened, but maybe we were too
As promised, here we are with an article that addresses some topics that were briefly introduced in a previous article titled: “The ABC of Easements: What Are They and How Are They Created.” So, if you just ran into this article I suggest you go back to the previous article before
Under Costa Rican law, the following options are available to purchase and to own real estate. Fee Simple Absolute This option is the absolute title for a piece of land, free of any other claims against the title, which one can sell or pass to another by will or inheritance.
Perhaps you are aware of it because of Sandra Cauffman’s crucial role at NASA as an specialist in Electrical Engineering and Physics; or because of the recent recognition by the World Health Organization for its initiative aimed towards collecting licenses for both current and future technologies that detect, prevent and
Today, we are going to address another topic that is essential to this field: easements. When we discussed some of the aspects concerning the right of ownership, we posited that such a right is, under the branch of civil law known as “real rights” (meaning the rights that fall on
When purchasing a property you want to make sure you are not buying into a problem. Sadly, there are enough stories out there about bad real estate deals. Most of the time people act with lack of knowledge. A significant challenge in Costa Rica is that there is no mandatory
Pursuant to a tax reform introduced by Law No. 9635 (the Law for Strengthening Public Finances) on Law No. 7092 (Income Tax Act) on December, 2018, the Capital Income Tax was introduced to the Costa Rican tax system. In light of that, and according to the aforementioned law, there are three basic
We all want to have the property of our dreams: Excellent location, with comfort, quality and at a good price. We strive to take care of it, prune the garden, clean it and keep the roof in good condition, among other things; however, those are not the only tasks that
4th Version Of The General Guidelines For Condominiums Due To Health Alert Triggered By Coronavirus (Covid-19)
On April 7th, 2020, the Ministry of Health published the latest version of these guidelines applicable to commercial and residential condominiums, as part of the preventative measures and mitigative actions issued following the COVID-19 alert. As mentioned in our previously published communication regarding these guidelines, they will be reviewed periodically, and
Last April 7th, Irene Campos, the Housing Minister submitted a bill for the consideration and discussion of the senators. This bill proposes three types of rent moratoriums (commercial and residential), as a measure to aid those who have lost or had their income reduced due to the COVID-19 sanitary crisis.