Costa Rica Escrow and Closing Services

Escrow and Real Estate Closing Lawyer in Costa Rica

ESCROW services

Stewart Title Latin America is a regional real estate services firm providing investors with a suite of products to protect their real estate interests. Building on over a century of experience, our regional offices deliver the latest in title guaranty, escrow, and administrative services to ensure that each of our client's real estate transaction is conducted efficiently and securely.

When purchasing a property one of the most important issues to address for both a buyer and seller is how and under what conditions the funds will be safely transferred. In an international transaction this issue is even more important and is often complicated, as both the purchaser and seller may not be familiar or comfortable having funds deposited in an unfamiliar jurisdiction or with an unfamiliar attorney or bank. Utilizing escrow services provides a cost effective solution.

What are ESCROW services?

Escrow services begin with an escrow agreement which is a written instrument which by its terms imports a legal obligation. The buyer, seller and the escrow agent all sign the escrow agreement, which states the conditions upon which the deposited items/funds may be distributed. The escrow agreement also stipulates, how, to whom and for which amounts the deposited funds/items will be distributed. The escrow agreement cannot be changed unless all parties agree in writing. The delivery in escrow is without reservation of power to recall, which means that an escrow agent must act according to the agreed-upon escrow conditions and disbursement instructions.

Closing Services

Beyond providing customers title guaranty and escrow services, Stewart Title Costa Rica provides a host of coordination and closing services to help streamline the real estate transaction process. Acting as a single point of contact for closing details, Stewart will provide all the necessary notary and legal services to close a Costa Rican transaction. When utilizing Stewart's closing services all of your transaction's details will be managed by one of our highly trained closers. Our closers will guide you through the entire transaction process and act as your single point of contact for all questions or concerns.

Stewart Title Costa Rica also provides each of our clients with an online file management tool called "Find Your File", which hosts relevant closing documents. This online tool gives buyers/sellers and their attorneys 24/7 access to their transaction documentation.

Banking Services

Banks will now finance property for foreigners in Costa Rica. Let Barrantes and Associates assist you in finding the best loan program that fits your needs. You can finance land,homes and condos.
For more information please contact our office.