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  • Writer's pictureAlex Ortiz

The crucial role of a Real Estate Attorney-Notary when purchasing property in Puerto Rico

When it comes to purchasing real estate in Puerto Rico, there's no denying the excitement and potential that come with such a significant investment. However, the process can be intricate and multifaceted, involving legalities that may seem daunting to the average buyer. This is where the expertise of a real estate attorney becomes indispensable. When that real estate attorney is also a notary, you've hit the jackpot. Here are a 5 pointers as to why you should consider hiring a real estate attorney that's also a notary, such as The Notary Lab.

1. In Puerto Rico, only licensed attorneys are allowed to become notaries. The Notary Lab, as a real estate attorney-notary, possesses a comprehensive understanding of Puerto Rico's real estate and notary laws, ensuring that your transaction adheres Puerto Rico's unique regulations.

2. You can't really close without one: In Puerto Rico, real estate transactions are executed via Deeds, and only Notaries are authorized to execute them.

3. Due diligence: The Notary Lab can conduct a comprehensive title search, identifying any existing liens, encumbrances, or legal issues associated with the property. More importantly, we ascertain the property's legal status and ownership, and can handle any proceedings to get the title in order for closing.

4. Compliance: The closing process involves a flurry of paperwork and legal documents. Having The Notary Lab by your side during this phase provides a layer of protection. We review each document to ensure accuracy, explain any legal implications, and guarantee that you fully understand the commitments you're making.

5. Peace of Mind: Perhaps the most compelling reason to hire The Notary Lab, is the peace of mind we offer. Knowing that a legal expert is overseeing every step of the transaction provides reassurance that your interests are protected, and the process is being conducted in compliance with the law.

When it comes to investing in Puerto Rico's vibrant real estate market, enlisting the support of The Notary Lab is a prudent choice that ensures your investment is both sound and secure. Contact us today to learn more about how we can help you make informed and confident real estate decisions in Puerto Rico.

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