Title search and title insurance

[johne]

As I have only a knowledge of the subject as it relates to my real estate deals in New York State, I would like to know how the process works in the DR. For example--upon the purchasing of title insurance-is one protected against ALL claims on the properrty?
Quality of the search? History of settling claims by the insurance carrier? In other words, I want to know all the differences between the DR and the U.S. (or NYS.)

Thanks in advance for qualified input.

JOHN

[Escott]

See if you can find Stewart Title in NY. They are the one I know about in the DR and ask them directly.

Scott

[johne]

Cant think of anyone more qualified than you===thanks

JOHN

[Fabio J. Guzman]

For general information on buying real estate in the Dominican Republic, including title insurance, go to http://www.drlawyer.com/txt/articlesreal.html .

[Island Treats]

Thanks Mr Guzman for the link regarding " General Info" on purchaing property in the D.R. I have a question that wasn't addressed. Which side of representation holds the original certificate of title if one purchased real estate using the lease option method?

[mondongo]

Fabio, good R.E. advice on your website. I notice you graduated from the house of pain in Cambridge,Ma. congrats.

[Island Treats]

Did I miss something in the translation?

[johne]

Originally posted by Island Treats
Did I miss something in the translation?

Huh???

[Island Treats]

I'm sorry disregard that comment. Strike that from the record! Must have been distracted watching that snowy BSU-BYU football game.

[Escott]

Originally posted by Island Treats
Thanks Mr Guzman for the link regarding " General Info" on purchaing property in the D.R. I have a question that wasn't addressed. Which side of representation holds the original certificate of title if one purchased real estate using the lease option method?

hahaha, if you lease it you don't own it until you buy it. Title is always held by the owner unless there are other arrangements.