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Re: Moving to San Pedro [Re: JoeCirig] #409691
06/11/11 06:40 AM
06/11/11 06:40 AM
Joined: Oct 2010
Posts: 14
Minnesota
T
the lazy gringo Offline
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the lazy gringo  Offline
T
an someone please answer a question? I have bought land numerous times here in the US, always with the representation of an attorney. Why is one not needed in the purchase of property in a third world country? How do you get the equivalent of a title opinion or title insurance?

Re: Moving to San Pedro [Re: JoeCirig] #409706
06/11/11 08:43 AM
06/11/11 08:43 AM
Joined: Apr 2009
Posts: 515
Florida, Belize, Noerth Caroli...
CaptOneIron Offline
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CaptOneIron  Offline
I too am a lazy gringo and a lot of people have purchased property in Belize without an attorney and certainly you can do that too. Having said that I wouldn't even think about doing it without adequate representation even if the quality of the legal services can leave something to be desired at least someone that knows the legal system should be looking out for you. Certainly Amanda is a very nice person with a sterling reputation. I have made two purchases (Richard McMinimy Casa Cayo) with the involvement of a Belize attorney and haven't had any major problems. One of the issues you will have to deal with though is the government is in most cases not efficient, not responsive and the bureaucrats really don't care (though most are very pleasant people).

Last edited by CaptOneIron; 06/11/11 08:45 AM.

Captain One Iron
Re: Moving to San Pedro [Re: the lazy gringo] #409715
06/11/11 09:00 AM
06/11/11 09:00 AM
Joined: Oct 2006
Posts: 600
new haven, ct,usa
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ron Offline
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ron  Offline
R
Short answer is that all property is registered with the Department of Lands. Your attorney or often a paralegal researches the lot with the Lands Department and registers your deed. They then issue a new deed to you for the property. Very few people get title insurance although I guess you could. As I understand it the whole country is undergoing a change in the way the deeds are done. For that you'd need someone who knows the system better than I do. I used Barrow and Williams in Belize City for my attorney. Small cost for the reassurance that everything goes the way you want it.

Re: Moving to San Pedro [Re: JoeCirig] #409716
06/11/11 09:01 AM
06/11/11 09:01 AM
Joined: Dec 2006
Posts: 12,873
San Pedro Belize
elbert Offline
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elbert  Offline
Ron, It sounds like you do know the system. Good advice !


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Re: Moving to San Pedro [Re: JoeCirig] #409717
06/11/11 09:40 AM
06/11/11 09:40 AM
Joined: May 2006
Posts: 538
Caye Caulker
D
Dane Offline
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Dane  Offline
D
My problem has been that some San Pedro Titlemakers have seen the big money a lawyer gets and wants to charge the same or a bit less for cut and pasting a standard title doc. How good was that title search you got? Who verified that for you? The last title I signed the guy took so long to search, that he cut it off early and did not even get a copy of my subdivision permit so he approves the title search anyway.
Major US Real Estate company and very good agent, but title search guy who screwed up.If you have a lawyer at about the same price they represent yopu in court and are your insurance against trouble.
If there is a problem later with your title, they keep the fee and tell you to go hire a lawyer-not their problem.

Re: Moving to San Pedro [Re: JoeCirig] #409719
06/11/11 10:09 AM
06/11/11 10:09 AM
Joined: Oct 2001
Posts: 4,672
Northern California
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LaurieMar Offline
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LaurieMar  Offline
L
I guess lawyers are good for something! smile

Re: Moving to San Pedro [Re: LaurieMar] #409720
06/11/11 10:16 AM
06/11/11 10:16 AM
Joined: Sep 2002
Posts: 10,850
Beautiful San Marcos, Texas
E
Ernie B Offline
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Ernie B  Offline
E
Name one more thing wink


Gun Control is Hitting Your Target.
Re: Moving to San Pedro [Re: JoeCirig] #409727
06/11/11 01:06 PM
06/11/11 01:06 PM
Joined: May 2003
Posts: 539
Iowa
J
JeanH Offline
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JeanH  Offline
J
We were advised we really didn't need an attorney when we bought several years ago. It just didn't seem like a great idea, so we used Barrow & Williams as well.

Re: Moving to San Pedro [Re: JoeCirig] #409729
06/11/11 02:43 PM
06/11/11 02:43 PM
Joined: Nov 2004
Posts: 1,828
Ontario, Canada
Hon Offline
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Hon  Offline
We were in a unique situation in that we are friends of the sellers, know them very well and completely trust their integrity.
We also know the developer and several long time residents of the property where we bought and have no doubt that, once it was common knowledge that we were buying, someone would have clued us in to any potential problems.
...and we're Canadian. 'Nuff said smile


Newfoundlanders are the only people in heaven who want to go home.
Re: Moving to San Pedro [Re: JoeCirig] #409785
06/13/11 09:32 AM
06/13/11 09:32 AM
Joined: May 2011
Posts: 1,520
PACWest, SACSouth
Bear Offline
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Bear  Offline
Joe, Check your messages.

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