大咖福利影院

mpadilla wrote:

Open to sell some plots for people that want to live in this experiment.

Not having clear title to land is a common problem is Belize for various reasons. A common reason is in past decades, land was granted by the government to families. Over the years some family members moved away, some remained but sold some or all of the land. Then later a family member with valid claim to the land returns not knowing the land was sold without their permission. If this happens, it can be a mess.

What form of title did the person(s) you bought it from have?
What form of title do you currently have on the land you are selling?
When you bought it, was a title search done?
Did you use a real estate attorney when you bought the land?

mpadilla wrote:

Bought via Remax and hired lawyer for due dilligence.聽 Former owner was is a German who owned the land for more than 15 years.聽 I also pay property taxes.

Thanks for the partial reply. I just want to let folks in this forum understand that like almost everything else in Belize, buying and selling property is quite different here than doing so in the USA.

Your offer to sell presents a fine opportunity to illustrate to folks here some the of questions that need to be asked (and are often not) when looking at property to buy in Belize.

The use of an agent (Remax in this case) to bring a buyer and a seller together and聽 to expedite the paperwork helps the transaction take place, but offers the parties little protection if things go wrong in the future. Unlike North America, in Belize the lack of Title Insurance leaves one unprotected if title disputes take place in the future. That is why doing detailed due diligence is important to protect oneself from honest errors/mistakes/misunderstandings, and fraud.聽

The Real Estate attorney you used, did he/she represent you only, or was he/she part of, or working for Remax?

Below are three questions聽 unanswered from my previous message and one I forgot to ask.

1) What form of title did the person(s) you bought it from have?

2) What form of title do you currently have on the land you are selling?

3) When you bought it, was a title search done?

New question I forgot to ask the first time:
4) Do you have any partners or anyone else that has a financial interest in the property you are selling?

For questions 1 & 2 the type of title will probably be on the title search report as well as on your copies of those documents.