Sounds to me like you should definitely make other arrangements. This appears to be a very bad situation for many, many people.
It has been said over and over again on this board: In BZ it is absolutely imperative that you know with WHOM you are dealing, get all the proper VERIFIED documents of ownership and LIENS, and use a respected LOCAL attorney in all real estate transactions.
Not surprisingly, the list of failed or corrupt real estate "deals" in BZ is a long, long list, and apparently the list has just grown again.