Process of Registering and Buying Property in Ecuador

Posted on November 15th, 2008 by admin

Step 1: Lawyer prepares the contract
Completion Time Frame: 1-2 days
Completion Costs: $1,000
Points to Note:
A rough copy of the contract -“Minuta” is prepared by a lawyer.
It is mandatory to hire a lawyer to register property in Ecuador, according to the “Ley de federación de Abogados” of March 7th 1974.
Lawyer’s fees are calculated on the market price [...]

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