Source and destination
The parties should understand how transaction funds will be received, documented, and transferred.
Handling transaction funds
Escrow and Handling Funds When Buying Property in Costa Rica
A real estate transaction may require an organized mechanism to receive, hold, or transfer funds according to the structure of the purchase.
Elements to review when handling funds
Each transaction should be reviewed according to the asset type, location, available documentation, and the buyer's or investor's objective.
Release conditions
When funds are held through an escrow or custody mechanism, release conditions should be clearly established.
Transaction records
Financial documentation should remain organized and connected with the corresponding real estate transaction.
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