Taking into account that “DD” is a risk management process for vendors and purchasers, the major areas of professional advice include, but are not limited to: 

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a.- Verification of the parties’ legal capacity
b.- Verification of the property’s title, liens, annotations, encumbrances, limitations, and easements.
c.- Verification of local and national taxes that may affect the assets involved in the negotiation.
d.- Verification of cadastral plans in relation to the property’s registered information and description (in the National Register’s Property Section).
e.- Verification of municipal permits (seals) that may be required to proceed with a property’s segregation.
f.- Assessment and recommendations in closing’s structures (personal, corporate, or fiduciary sales or purchases)

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     There are “non-legal” aspects that are not included in our Due Diligence, but whose analysis is highly recommendable for our clients. Although we do not provide these services – and this is due to the fact that we are not experts in these areas – we can indeed refer you to other professionals that will address these matters.

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     The following services ARE NOT included in our Due Diligence:

• “On-site” verification of the property’s areas, boundaries, and localization. This is an extremely important service that must be provided by an Engineer in Topography and must include at least the following areas:

• Registered area (as per indicated in the National Register’s Property Section) and the property’s real area.

• Verification of existing boundaries, fences, and other divisions.

• Verification, in conjunction with the property’s neighbors, of the physical and registered boundaries.

• Verification of the development and/or constructive possibilities in accordance with the Master Plan (when available) that has been approved for a certain municipal jurisdiction.

• Verification of the development and/or constructive possibilities in accordance with the urban development and planning laws for certain municipal jurisdictions.

• Verification of a building’s constructive quality and specifications (this should be supervised by a Civil Engineer and/or an Architect).

• Verification of a company’s and/or a person’s financial statements (this should be done by a certified accountant).

• Verification of a company’s and/or a person’s good standing before the Costa Rican tax authority, DGTD. (A certified accountant should do this).