Buying in the DR

Price Adjustment Clauses in DR Pre-Construction Contracts: What Buyers Don’t See Coming A client from Canada sent me her pre-construction contract to review before signing. The price looked fixed. The payment schedule was clear. But buried in clause 11, written in a single paragraph with no cap, no ceiling, no limit of any kind, was

Your Developer Is Bankrupt or Insolvent in the DR. What Happens to Your Money? A buyer from Germany reached me after a DR developer had stopped all construction activity and its principals had become unreachable. He had paid $140,000 in installments over 22 months. The project had a fideicomiso structure. The buyer next to him

Pre-Construction vs. Resale in the Dominican Republic: How to Choose the Right One for You A couple from Texas sat across from me last year. They had been to three project presentations and were ready to sign a pre-construction unit. Before they did, they asked me one question: should we buy pre-construction or find something

Your Developer Stopped Responding. Here Are Your Legal Options. A buyer from Texas sent me a WhatsApp message last month. She had been trying to reach her developer for six weeks. The project was 14 months past the delivery date written into her contract. Her emails were going unanswered. Her WhatsApp messages were going unread.

The Title Isn’t in the Developer’s Name. Should You Walk Away? You’re looking at a property. The location is right. The price is reasonable. Then your attorney pulls the title search and says something that makes your stomach tighten: the property isn’t in the developer’s name. That moment of doubt is warranted. The answer isn’t

The Real Cost of Buying Property in the Dominican Republic: What Nobody Tells You Before You Sign The developer quotes you a number. You budget for that number. Then the closing statement arrives and the real number is higher. This article breaks down every cost a buyer should account for before making any commitment on