Rules & Regulations
Costa Rica Real Estate: Options and Contracts
By Explore Costa Rica Staff
May 5, 2004, 09:22

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Options and Contracts in Costa Rica

Options to buy and sell Costa Rica properties are legal, but cannot be registered at the Registry of Properties as a real right affecting a property. 

It is possible that even if you have an option, a disreputable person could sell the land to someone else, leaving only the courts as recourse to recover the deposit.  A legal guarantee called a Reserva de Prioridad can be registered against the property giving exclusive rights for a maximum of 30 days.

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