Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do sellers offer owner financing or leases with purchase options in Panama?

April 26, 2017financing leases Offer Options owner panama purchase Sellers

0

Posted

Do sellers offer owner financing or leases with purchase options in Panama?

2 Answers

0

Posted

Yes. Although most sellers simply offer a selling, some sellers offer leases with purchase option too. Please note that in order to give such options a legal cover, lease or rental contracts are to be registered at the Ministry of Housing (locally called MIVI or Ministerio de Vivienda) of Republic of Panama.

0

Posted

Yes, leases with purchase options are common in Panama, although most sellers are interested in simply selling, not lease optioning. However, please note that rental or lease contracts must be registered with the MIVI (Ministerio de Vivienda), which is the “Ministry of Housing” in order for the lease to be legal in Panama.