What is the process for purchasing a property in Belize?
The first step is to submit an offer to the seller. Offers must be submitted along with a minimum of 2% earnest monies deposit with Triton Properties. The offer form is legally binding to both parties and includes an adequate due diligence period for the purchaser. Upon acceptance by the seller, the purchaser will then retain a local attorney if needed. Once satisfactory title research is completed, a recordable Agreement For Sale, or original title transfer instrument will then be drawn up based on the particulars of the original purchase offer. The balance of the monies payable for either the down payment or the full purchase price will be due for deposit to our stateside company escrow account at the time specified on the purchase offer or Agreement for Sale. The transfer documents will then be executed and delivered to the purchaser’s attorney for review. The attorney will then send us copies and notify us that the documents are in order and will instruct us to release the seller’s
