Keep the Income, Give the Asset: The Property Usufruct as Dominican Estate Planning Tool The most elegant move in Dominican estate planning is also one of its oldest: split the property in two. Not physically, legally. The usufruct separates ownership into the right to use the property and collect its income (the usufruct itself) and […]
You Paid Off the Mortgage. The Registry Disagrees: Cancelling a Conventional Mortgage in the DR Ask any Dominican homeowner when their mortgage ended and they will name the day of the last payment. Ask the Title Registry and it will name a different day, the day the cancellation was registered. Between those two dates, which […]
Cancelling a Provisional Note on Dominican Property: Clearing the Record Provisional annotations exist to protect pending claims, and, like scaffolding, they are supposed to come down when the work is over. In practice, Dominican titles accumulate annotations that have long since lost their reason: the lawsuit ended, the claim was settled or abandoned, the term […]
Registering a Lease in the Dominican Republic: The Difference Between a Contract and a Right Every lease binds the landlord who signed it. The harder question is whether it binds the next owner, the buyer who acquires the building mid-term, the bank that forecloses on it, the heir who inherits it. For tenants who have […]
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