Closing cost in Costa Rica

Closing costs – registration fees, notary and attorney fees, documentary stamps and transfer taxes – will amount to no more than 6% of your total purchase price. The payment of closing costs is negotiable between the buyer and seller, though the buyer normally assumes these costs. 1.25% for the … [Read more...]

Co Ownership or Joint Ownership

1. Concept: (Coderechos o Co Propiedad): co ownership or joint ownership is based on art. 270 of the CR Civil Code of 1.886, which reads: "When a thing (object of ownership) belongs simultaneously to one or more persons; its owners exercise jointly all the rights of the singular proprietor, … [Read more...]