I represent a company that is interested in making some substantial construction improvements on land in the DR. I am researching ways to organize the operation to protect the interests of the native land owner, and the American company. In the States, we would simply create a lease agreement, representing the company's right to improve the land and retain ownership to the structure, and the land owner's right to retain the land. Usually in this type of scenario the lease terms are 99 years (with automatic renewal) with $1 consideration terms. I am curious to know if any such contractual tool exists in the DR to accomplish this goal.
Thanks
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