When buying rural lands, either in Boquete highlands, or in a Panamanian beach, the potential buyer should physically check that there are no intruders living on the land, neither border conflicts or claims from neighbors.
Do not let a local landowner know that a foreigner is buying, but trust our experts Panamanian real estate lawyers to manage all transactions on your behalf
Before signing any contract with a seller, the buyer should order the carry out of a search at the Public Registry to confirm who is the owner, how many meters the land has, legal restrictions on the land, mortgages and so on. The inspection of title documents of the seller is also advisable in some cases. Purchase deeds must always be closed before a Panamanian Notary Public and recorded at the Public Registry.
CAJIGAS & CO. is a Panamanian law firm with vast experience in drafting purchase deeds, price negotiations, land inspections and closing deeds in any point of the Republic of Panama.
Information about title insurance is available for our clients.