What are the legal steps in buying a property in Belize?
• When purchasing a property in Belize you will need the services of a qualified attorney. The process of legal due diligence involves a number of checks on the property, as would be the case in any other country. The property title is reviewed to ensure that it is in the name of the current owner of the property and duly registered. Any irregularities with this document can point up areas for the attorney to check in more depth. The attorney will establish whether the property is free of mortgages, debt or pending legal cases. Once these checks have been completed and assuming the property has been cleared for sale, a new contract is written including all terms of sale as well as any requirements relating to the satisfactory completion of further technical due diligence and surveys needed prior to closing. Following the closing the final stage is for registration of the title deed in the buyers name.
