Who is the party required/obliged to repair and/or improve a leased property in Guatemala?
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Who is the party required/obliged to repair and/or improve a leased property in Guatemala?

Leasing a property implies giving a property for temporary use to another party who agrees to pay a certain amount of money. This generates for both, the lessor, and the lessee, the existence of rights and obligations to keep the property in a good condition and fulfill its purpose of use. To maintain and preserve…

New directorate of construction procedures – DTC in El Salvador
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New directorate of construction procedures – DTC in El Salvador

By: Gustavo Vega We hereby inform you that the Executive Branch through the Presidency of the Republic has created by law the Directorate of Construction Procedures (hereinafter “DTC”). The DTC will be the office in charge of centralizing procedures and permits necessary for construction and urbanization projects in the country. Among its objectives are to…

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Proper application of income tax in the sale of real estate in Nicaragua Part I

By: Carlos Taboada The purchase and sale of real estate is a common and regular transaction in most countries that recognize private property rights. In this transaction, the seller may generate a capital gain or loss, depending on the difference between the selling price and the acquisition cost. The Tax Concertation Law (“LCT”), in its…

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Real estate leasing in Costa Rica: Parties and forms of contracts

In this new installment, we continue with the series of articles on leasing and possessory matters. Previously we analyzed the usual types of leases in the real estate market and the regulations that govern them, and this time we are pleased to delve into aspects related to the parties that may be involved in a…

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Cadastral due diligence, what they never tell you before acquiring a property in Honduras

By: Paola Cantarero Many are the doubts that arise to a person who is in search of their longed for first home or that of that company that is interested in acquiring a property for its development through a major investment, we all know that it is very important to verify in the history of…

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General information on real estate leasing in Costa Rica

We are pleased to start a series of articles that will be published starting with this newsletter, all related to leasing and possessory matters. Specifically, in this issue we will analyze the most common types of leases in the real estate market and the regulations that govern them. In this way, with this first article…