REQUIREMENTS FOR
LAND TITLE INVESTIGATION

General:

Before purchasing property in Belize, Buyers are advised to conduct a land title investigation to ensure that the property:

  • is indeed in the name of the person selling
  • is free from liens, mortgages and encumbrances
  • that the property tax has been fully paid up to date
  • that the property is not engaged in any legal conflicts
  • Includes a judgment search to ensure that no court order is registered against the land
  • Includes company search (if applicable) to verify the director/secretary of the company

Requirements:

  • Full name and address of the Seller
  • Lawful Description of Property
  • Copy of Title (Conveyance, Land Certificate, Certificate of title, etc.)
  • Copy of Offer to Purchase or any other agreements
  • Copy of Survey (if available)
  • Copy of property tax stamen/receipt, if available
  • Copy of picture ID with Seller's signature

Documents to be received by client:

  • Written report of investigation
  • Copy of updated property tax statement
  • Copy of plan of survey

FEES:

For Declared Land (Per Parcel)

Land Title Search US   $500.00
General Sales Tax (12.5%) US   $  62.50
Total 
US   $562.50 

For Undeclared Land (Per Parcel)

Land Title Search US   $700.00
General Sales Tax (12.5%) US   $  87.50
Total
US   $787.50

Any additional time other than incidentals above will be charged at US $75.00 per hour plus administrative fee and general sales tax of 12.5%.

Optional Services and Fees:

Purchase Agreement
US
$  500.00
Purchase Agreement with
Owner's Financing
US
$  1,000.00
Escrow Agreement
US
$250.00
Escrow Services
US
$500.00 (For properties that cost US $100,000. or less)
Escrow Services
US
$1,000.00 (For properties that cost between US $100,001. and
US $200,000)
Escrow Services
US
$2,000.00 (For properties that cost between US $200,001. and
US $500,000)
Escrow Services )
½ % of the value (For properties that cost more than US $500,001.
Charge on property
US
$  250.00
Discharge of Charge
US
$  250.00
Mortgage
US
$ 1,000.00
Cancellation of Mortgage
US
$  500.00
Transfer of Title for Declared Land
US
$  550.00
Transfer of Title for Undeclared Land
US
$  750.00

Transfer of Title with Covenants                       

US
  $1,050.00
Strata Title for Condominiums
US
$ 1,000.00 per unit
First Registration for declared land
US
$350.00 (does not include title search and survey fee)
Payment of property taxes
US
$100.00 per lot per year
Review of contract for recommendations
US
$ 500.00 minimum or ½% (whichever is greater)

Plus General Sales Tax of 12.5%, administrative fees and filing fees.

07/11

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