Is buying a complicated process?
Roughly speaking, how does it work? It is a simple and very secure process. In Ecuador there is a minimum two lawyer requirement by law to do any real estate transaction. One makes a written request to a notary (notaries are all lawyers) and the notary keeps a copy for life, later on it is also registered with the county public register. The lawyer will do property title search, lean search, tax searches all prior to sending it to the notary. The seller may also use an attorney. Overall the process is simply an inexpensive. Though it is not required by law, we recommend a topography drawing and pictures added to the documentation signed by the seller.
