Thursday, December 3, 2009
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past ten years in Costa Rica has developed a more comprehensive way the housing market.
probably about twenty or thirty years ago, real estate brokerage was limited to a few basic contracts: sales and purchases and leases. However, following the development who had the Costa Rican real estate sector and the image the country has established abroad, has generated a lot of pressure on the local property market.
Every day more foreigners come to invest in the country or buying property in Costa Rican soil. This phenomenon is ah because, among other factors, the success of the country to forge an image of peace and green paradise, just as competitive prices. Buying a property in Costa Rica is, even today, less expensive than in other countries, removal or relaxation.
All this has forced the housing market to adapt and are now commonly used services real estate broker, and use the "Escrow Agent" to facilitate the closing of the real estate business. Also common are trusts, contracts for development and certification mechanism, which are not exclusive to foreign investors, but also commonly used by national investors. With market growth, there are also many people who want to venture into real estate brokerage, a union that until recent years was very small. Therefore, exercising self-regulation CCCBR, is now inadequate, since only limited to its partners. Thus, the idea of \u200b\u200bregulating the activity through a law suit the new market needs and to ensure clear rules in real estate transactions. Advantages
The bill seeks to regulate a number of tools to facilitate real estate transactions, to give legal certainty to those involved in real estate transactions and, in turn, prevent unfair practices or anti- business ethics.
contracts real estate brokerage, the land trust, the "Escrow" and real estate leasing are just some of the contracts to be covered by the new law. However, even with this, the CCCBR will remain the guarantor of the services provided by their partners. Additionally, the requirements established by law for riders in general, associated with CCCBR enjoy the highest standards of professional training and strict rules of ethical behavior. 
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