To receive a highly professional legal advice based on experience in Real Estate will be vital to make sure that the land you want to purchase for starting a real estate project (horizontal or vertical condominiums, houses, gated communities or commercial) is ideal and doesn’t have any kind of building restrictions.

At ERP Lawyers & Associates we perform a service called ‘Due Diligence’, by which we ensure that our client’s investment is not at risk.

Before our client buys a land, we perform a study related to legal and procedure aspects, that will allow us to inform our client if the property he/she is considering to purchase for the real estate project is suitable for that business, explains José Martín Azofeifa, associate at ERP Lawyers.

The ‘Due Diligence’ includes, among other aspects:

• Making a study of the property and checking if it has liens
• Examine if the land was legally purchased and, therefore, can be transferred without inconvenients
• Check whether it is located or not on a restricted area or a maritime zone, and if its use won´t be in conflict with the Ley de Aguas (Water Law) and the Ley Forestal (Forest Law)
• Consult with the respective municipality to verify if the taxes of the property are up to date
• Ask for a Certificate of Use of the land to determine which are the viable options for the development of the property
• Study the Regulatory Plan of the municipality where the land is located

Get in contact with real estate professionals for your project

Once the ‘Due Diligence’ ensures us that the land is suitable for developing a real estate project, we put our customers -especially when it comes to foreigners- in contact with professionals in Real Estate.

ERP recommends its clients experts involved in several areas such as Engineering, Topography and Architecture, that will make their real estate project a reality. It means that we assure the person a maximum coordination and a centralized service, adds Azofeifa.

If you want to learn more about the ‘Due Diligence’ and the wide range of real estate services provided by ERP, please contact us or write to eduardo@erplawyers.com and jose@erplawyers.com