Two years to transfer title on new property??????

suzannel · #1 09-21-2008, 11:38 PM

We purchased a condo in a new development in Cabarete 2 years ago. We have a very well known lawyer from Sosua handling the purchase and we are certain that the developpers had the titles.
We are not questionning the legitimacy of the transaction, what I would like to know is why it takes so long to obtain the actual titles.
We have spoken to other purchasers who tell us that it is a normal waiting period for transfers....
Many communications with the lawyers have resulted in the same responses, they are working on it, it takes time......
Have any of you had this type of problem???? Is this Normal???

solisdad2000 · #2 09-21-2008, 11:58 PM

I had the same problem with a transfer of title that was held by a bank against a loan to my seller. The loan had been paid off, there were no legal issues but nothing happened. I had to change lawyers because the first one did nothing but ask an occasional question about progress, only to be fobbed off with a lame excuse. In the end, nothing happened until I went to where the title should have been, the bank branch, where I made a repeated nuisance of myself, noisely, to the bank manager. I did also mention that were his promises not kept, I would ask the British Embassy to assist and in particular to raise the matter with Leonel (i.e. The President). Of course, the Embassy would probably have done no such thing but how is a bank manager to know that? I got my title promptly!

Can't say it would work for you as I don't know all your circumstances but, in general, personal representation works for me and only by going straight to the top. Only exception I've found is where it involves a government office - where nothing works (except under the table stuff).

Robert · #3 09-22-2008, 12:36 AM

Quote:

Originally Posted by suzannel

We purchased a condo in a new development in Cabarete 2 years ago. We have a very well known lawyer from Sosua handling the purchase and we are certain that the developpers had the titles.
We are not questionning the legitimacy of the transaction, what I would like to know is why it takes so long to obtain the actual titles.
We have spoken to other purchasers who tell us that it is a normal waiting period for transfers....
Many communications with the lawyers have resulted in the same responses, they are working on it, it takes time......
Have any of you had this type of problem???? Is this Normal???

It's not uncommon for for new titles to take 2 years or longer in some cases.

What development?

freeair · #4 09-22-2008, 04:45 AM

2 years is too long buddy, why not try to ask him what makes this transaction takes you too long the fact that this is only transferring the title..

Bob K · #5 09-22-2008, 07:25 AM

If it is a new condo complex chances are the tittle could not be applied for until all units were completed then because of the "new" deslinda law all have to be partitioned off of the main tittle of the property and then filed individually, not to mention the condo regs and covenants all need to be approved before tittles can be issued. All being said with a new complex 2 years or more is not unusual.

Bob K

suzannel · #6 09-22-2008, 08:37 AM

Quote:

Originally Posted by Robert

It's not uncommon for for new titles to take 2 years or longer in some cases.

What development?

The Development is Cabarete East Beachfront Resort, and many of the owners have received their titles....

suzannel · #7 09-22-2008, 08:41 AM

Quote:

Originally Posted by Bob K

If it is a new condo complex chances are the tittle could not be applied for until all units were completed then because of the "new" deslinda law all have to be partitioned off of the main tittle of the property and then filed individually, not to mention the condo regs and covenants all need to be approved before tittles can be issued. All being said with a new complex 2 years or more is not unusual.

Bob K

Bob, thank you. All the units and in fact the total complexe has been fullu finished and operational for 2 years. Some units have even been re-sold. Condo regulations and all necessary documents have been done and approved. As mentionned, certain owners have received their titles, and our lawyer is telling us to wait that they are working on it. By the way this lawyer handled all of the sales in this complexe.

The Virginian · #8 09-22-2008, 08:41 AM

It took a little over a year to get our title on a new house. We then discovered it would be best to have a deslinda. That has taken another 6 months and still waiting. Several visits to the surveyor’s office and we are told another month or 2. WOW, long time.

suzannel · #9 09-22-2008, 08:57 AM

Quote:

Originally Posted by Robert

It's not uncommon for for new titles to take 2 years or longer in some cases.

What development?

Robert,
Do you know where the problem stems from???? Is it an incompetency problem within the governmental agency issuing the titles or is it a lack of proper follow-up by our Legal Firm??? I don't know any more........

Robert · #10 09-22-2008, 10:14 AM

Quote:

Originally Posted by suzannel

Robert,
Do you know where the problem stems from???? Is it an incompetency problem within the governmental agency issuing the titles or is it a lack of proper follow-up by our Legal Firm??? I don't know any more........

I have no idea.

Title issuing can be slow here, the slightest error and your back to the end of the line.

Who's the lawyer?