The Web page is www.registronacional.go.cr
Similar to the laws in the U.S. state of Louisiana,
real estate ownership under Costa Rica law is
divided into two elements. One person has the use
of the property and another has the ownership.
The person with the use is said to have an usufruct
(referred to as the in Costa Rica) of the
property, whereas the owner is called the naked
owner. When you own or purchase a piece of
property, you need to be sure you have the rights
to both.
Also, like in Louisiana, property can be held
indivision between one or more people. This
means each person can hold an undivided interest
in the property, none owning any particular piece
because each owns a portion of the whole.
No comments:
Post a Comment