Saturday, September 10, 2011

I do not believe in title insurance in Costa Rica.

I do not believe in title insurance in Costa Rica. Theoretically, all the title insurance companies are illegal because Costa Rica has a governmentally owned insurance monopoly. More importantly, the contracts of title insurance are so restrictive in Costa Rica, I know no one ever receiving money on a claim. Title insurance is something popular in other countries and is sold here to people who just have to have it because of their beliefs coming from somewhere else. There are better and cheaper ways to protect your property in Costa Rica.

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