From One Building to Many Owners: Constituting the Condominium Regime in the Dominican Republic Every apartment sold in the Dominican Republic exists twice: once as concrete, and once as a legal object created by paperwork most buyers never read. A building is, by default, a single property with a single title. What converts it into […]
Gathering the Pieces of a Parcel: The Consolidation of Constancias Anotadas A great deal of Dominican land is owned in fractions of somebody else’s parcel. The constancia anotada, the document evidencing rights over an undetermined portion of a parcel, without its own individualized survey, is the legacy of decades of informal subdivision: parents distributing land […]
Buying the Loan, Not the Property: Registering an Assignment of Credit in the Dominican Republic There is a second market beneath the Dominican property market: the market for the debts secured by it. Banks sell loan portfolios, investors buy distressed credits at a discount, private lenders exit positions, and estates liquidate the mortgage credits a […]
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