Monday, March 18, 2013

PROPERTY STEALING - How to Avoid your Property from being STOLEN in Costa Rica!

Sadly in Costa Rica, it happens WAYYYY TOOOOO MANY times where someone has their property stolen out from under them (too often the people I've known where this has happened it was from their SOOOOO TRUSTED - like a family member - LAWYER!!). 

My bud Tim just shared with me a link to this eBook - CRTruth.freehostingcloud.com - that has some REALLY right-on tips about life in Costa Rica (some good info though I do NOT agree with him on everything - especially how he describes the Nica's in this chapter link below).

In it, the author give what I think is THE BEST HINT I have EVER seen for anyone that owns a house or land in Costa Rica:

"There is a way to protect oneself from property theft. First, ensure that your property is held in a Sociedad Anonima, a corporation, which is a legal entity here also.

Next arrange for a monstrous mortgage (hipoteca) against the property, payable to yourself, and make sure that you register it with the Registro Nacional. As long as that mortgage is not satisfied, there can be NO transfer of that property."



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PLEASE • PLEASE • PLEASE "SHARE" this with ANYONE you know that has or desires to have property•a house in Costa Rica!!!!

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