Buying and Selling Real Estate in Colombia (Updated)
By EsqSocial Corporation 18/01/21
1. Standard Forms of Agreements to buy and sell Real Estate: Despite the existence of different type of agreements to make real estate transactions in Colombia, the most common forms of agreements used to acquire real estate properties are the promise to sale and purchase agreement and the sale and purchase agreement. 1.1 Promise to Sale and Purchase Agreement (Promesa de Compraventa) - Considering that there are some formalities to acquire real estate properties in Colombia and the need of...
By: International Lawyers Network