Purchasing a home in a Latin American country can be difficult because you will have to pay a lot of money to travel to that country in order to check out different properties and you will have to learn the different real estate laws and customs that govern purchasing property. One way to make sure that your process goes smoothly is by hiring an abogado, which is an attorney, who will be able to help guide you through the legal process. You will also need to gather three different documents in order to make sure that you are fully informed throughout the purchasing process.
1. Certificado De Gravamenes
The Certificado De Gravamenes is a certificate of the title of the property. In order to obtain this certificate, you are going to need to perform a title search. The title search is when you take the deed to the local government's office and ask for them to look up whether or not the person who holds the title is the only person that lays claim to the title. This will allow you to check if there are liens against the property. You will likely want to avoid properties that have liens against them because this will make the purchasing process more complicated. Some local governments will have information about the title online so that you do not have to contact them directly.
Performing this search is also a great time to make sure that the person selling the property actually owns it. Ask for a photo ID of the person selling the land to make sure that you can match it to the name that is on the title.
2. Certificado De Registro De Propiedad Actualizado
You will also need a Certificado De Registro De Propiedad Actualizado, which is a certificate that shows that the property is in the database of the local government and can be charged for tax. This is necessary in order to make sure that your purchase is recognized by the government and is legal.
3. Certificado Del Historial De La Propiedad
Finally, you are going to need the Certificado Del Historial De La Propiedad, which is the certificate that has information about all of the transactions that are associated with the property. This will allow you to contact previous owners and talk to them about possible changes to the property that might have been made. This will allow you to make an informed decision about the property before you put any money down for sure.
For more information about Ecuador homes for sale, talk to a company that specializes in helping people from other countries purchase homes in Ecuador.
