Must purchase contracts be in Spanish in order to be legally enforceable in Panama?
No, the law does not require that the buy/sell contract is in Spanish to be legally enforceable. But…if there is ever a dispute over the transaction in a court of law in Panama, the court will require that the contract be translated to Spanish by an official (licensed) translator. Commonly, therefore, original buy/sell contracts are prepared in Spanish, and clients are provided with an official English translation. Can I block public access to the beach if I own beach front property? The laws in Panama offer public access to all beaches, oceans, lakes and rivers in Panama. According to the law, unless there is access within 1000 meters from your property, you must allow public access.
Related Questions
- I’m not in a position to fully fund the purchase of a property yet and the price of Spanish properties seems to be rising quickly. What can I do?
- Do purchase contracts for Panama real estate transactions need to be in Spanish, in order for them to be legally enforceable in Panama?
- Must purchase contracts be in Spanish in order to be legally enforceable in Panama?
