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Legal terms

Legal Terms, Iguana Land COServidumbre - limited access private road

Calle pública - public road

Bienes inmuebles - properties

Bienes muebles - vehicles

Opción de compra venta - purchase option

Escritura - deed

Plano catastrado – surveyor´s cadastral layout

Traspaso - change of title. Transfer of the good, property or vehicle

Sociedad Anónima or S.A. - Corporation

Registro Nacional de la Propiedad – CR Governmental agency under which every physical or intellectual property (companies, land, vehicles, trademarks, inventions, etc)is legally registered. (i.e online data base )

Abogado - lawyer or attorney

Notario – Notary Public, this is the authorized professional type of attorney who has the public license to perform the different transactions in relation with buyin/selling properties or others. Consider that not all attorneys are necessarily notaries.

Bufete - law or attorney´s firm

Número de finca (folio number sometimes) - reference number under which a property is legally registered. Numerical sequence looks like #-######-###.

Hipoteca - mortage

Gravamen - lien

Anotación - encumbrance

Plazo – time term.

Comprador - buyer

Vendedor - seller

Honorarios - legal fees

Timbres - stamps

Impuestos - taxes

Permiso - permission

Municipalidad - municipality

A y A, Instituto Costarricense de Acueductos y Alcantarillados = Governmental agency in charge of the water system control.

MINAE Ministerio de Ambiente y Energía- Eco police.. Governmental agency in charge of environmental issues

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