el titulo and el impuesto

tish

New member
Mar 10, 2007
242
8
0
I'm not sure whether this should come under Real Estate or Legal, so I've posted under both categories.

I built a house 2008. I have never received the title deeds to date as I still need to pay for the ?el puesto? over at the ?Tribunal? in Santiago and also the lawyer fees. My lawyer advises me that due to the change of MP (in Aug 2012), the cost of ?el impuesto? will double after 27 September and the whole process of putting the deeds in my name will have to be restarted.

Does this sound right?

Is anyone else experiencing this?
 

tish

New member
Mar 10, 2007
242
8
0
El impuesto y titulo

As per my question above, does anyone have any insight?

Also, if I do have to restart the whole title deed process, if I put the house in my son?s (he?s 15) name would that protect me from having to pay 50% to my husband if we ever divorced?

I would really appreciate some advice. Anyone know a reasonably priced English speaking lawyer?


Thanks.

Tish
 
Last edited:

Castellamonte

Bronze
Mar 3, 2005
1,764
50
48
Cabrera
www.villa-castellamonte.com
Impuesto (English: tax) needs to be paid and paid promptly to the government for real estate transfer from one individual or entity to another. Also, depending upon the type of property, you need to pay an annual property tax. Either one of these taxes left unpaid can provide the government with the right to withhold services, levy additional fines and interest or seize the property (depending upon how delinquent you are).

Given that your attorney tells you to pay at the 'tribunal' I am assuming this is the real estate transfer tax which must be paid in order for the title to be effectively transferred to you.
 

Ken

Platinum
Jan 1, 2002
13,884
495
83
Where is the house located?

Regarding an attorney, in the DR price is only one consideration. All attorneys are not equal with respect to competence and honesty. I'm in Sosua and use the Guzman firm, not the cheapest, but they do things right. In this case, you won't know if you got good advice until the day comes that you divorce (assuming you are legally able to put your house in the name of a minor child). So you want to be sure that what you are told will stand up in court and not be just what you want to hear.

Regarding your title, why have you not received all the papers?

It sounds like you are being rushed by your attorney. You should get another legal opinion sooner rather than later.
 

bronzeallspice

Live everyday like it's your last
Mar 26, 2012
11,009
2
38
As per my question above, does anyone have any insight?

Also, if I do have to restart the whole title deed process, if I put the house in my son?s (he?s 15) name would that protect me from having to pay 50% to my husband if we ever divorced?

I would really appreciate some advice. Anyone know a reasonably priced English speaking lawyer?


Thanks.

Tish

Since your son is a minor,I can't offer you any advice on putting your house under his name.Lots
of people in the DR put their houses under their childrens names but they are 18 years of age or
older.Just remember that once you do that,legally the house will belong to your son,eventhough
if you divorce you will not have to give your spouse the 50%.

If you decide to do this,remember that your name will not appear in any of the documents,it
will be as if your son purchased the property.
 

eurodominican

New member
Nov 19, 2005
139
2
0
com
Try Curiel & Curiel, tel.: 809 582 5053. 27 de Febrero right behind Banco de Progresso. Ask for lic. Leoito He speaks Inglish and is onest. He's specialist in real estate.
 

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
2,359
252
83
www.drlawyer.com
It's difficult to know what's going on without details about the legal status of the property: Does it have a Certificate of Title. A deslinde? Etc. The increase in taxes may be due to several factors: delay in recording the transaction (after 6 months, penalties kick in), reappraisal of the gov't of the value of the property, property taxes, etc.