How to transfer a property in Nicaragua.
How to transfer a property in Nicaragua. In Nicaragua, there are several ways in which real estate can be transferred to another person or company. The various ways to transfer property are: 1. Purchase of property. 2. Donation of property. 3. Transfer by will. 4. Dation in payment. 5. Exchange. 6. By order of a judge. 1. Purchase of property. This is one of the most common ways of transferring property in Nicaragua. The buyer, by previously carrying out Due Diligence , pays the seller's price for the real estate and proceeds to sign the purchase title, which must be duly registered at the mayor's office, cadastre office, and real estate registry office. 2. Donation of real estate. The owner of a real estate (an individual or company) can donate his property to another person or company with no other requirements than signing the title of donation of the real estate. Whoever receives the donation must accept the donation of the real ...