The
purchase price of each parcel includes:
1. Legal fees to prepare and register the transfer instruments
to lead to the issuance of Title in your name to the parcel(s)
of land being purchased by you as indicated on the Parcel
Purchase Request Form.
2. Administrative filing and the submission of closing
documents that require registration. The closing documents
include, but are not limited to, (1) Transfer Instruments
and Affidavits and/or Belize Transfer of Land document (2)
Transfer Certificate of Title or registered Land Certificate (3) Survey (4) Declaration of Covenants, Conditions, Restrictions,
Easements & Building Guidelines for Los Arboles
("Declaration") (5) Charge (Mortgage) Instruments,
if applicable.
Please note:
At the time of closing purchasers will be responsible to
pay the Belize Government Stamp Tax The Stamp Tax is 5% of
the parcel purchase price, which purchasers must include in
their final closing payment.
Six
Easy Steps in Purchasing a Parcel(s)
Step
1.
Select parcel(s) from the Master Development Plan. Click
here for Master Development Plan. Parcels are available
on a first come, first serve basis.
Step 2.
Fill out the Parcel Purchase Request Form completely. Click
here for the Parcel Purchase Request Form. Be sure to provide
all information requested and then submit the Parcel Purchase
Request Form by clicking the "Submit" button at
the bottom of the form. Allow 72 hours to receive confirmation
of your parcel(s) selection by return email.
Step 3.
Once we have confirmed your parcel(s) selection availability
and price, we will then send you a Parcel Purchase Agreement
and purchasing documents (Documentation) for you to execute
and return along with a deposit equal to 10% of the total
purchase price. Issue a check made payable to escrow agent:
Jason Weaver, Attorney at Law, Escrow Account. This deposit
is non-refundable, however, the escrow agent is authorized
to disburse to you all money you have paid prior to closing
in the event of our failure to convey title. Your deposit
must be in the form of a Cashier's Check or Certified Check
in U.S. funds. Send your deposit and a signed copy of the
Parcel Purchase Agreement and purchasing documents via first
class mail or certified mail to:
Jason Weaver, Attorney at Law
c/o Los Arboles Limited
Step 4.
Upon receipt of your deposit and Documentation the parcel(s)
will be held for you pending closing. For your convenience
our U.S. mail receipt center will forward your deposit to
the escrow agent, Jason Weaver, Attorney at Law.
If your Documentation and deposit have not been received
within seven days, the parcel(s) that you have requested
will be made available again to all prospective purchasers.
If the appropriate Documentation and deposit is received
after the seven day period and the parcel(s) is still available
it will be held for you. If your Documentation and deposit
is received after the seven day period and the parcel(s)
is no longer available, you will have the option of choosing
another parcel(s) or having your deposit check returned
in full.
Step 5.
We will then send you the closing documents for the parcel(s)
you have selected. You will also receive a copy of the Declaration,
which your purchase is subject to. Sign the closing documents,
where indicated, and issue a Cashier's Check or Certified
Check for final closing payment in the amount as set forth
in the cover letter attached to the closing documents.
Final closing payment and executed closing documents must
be received within 30 days after you have received all closing
documents. If your final payment has not been received within
the 30 day period, it will result in the forfeiture of your
10% deposit. Include the executed closing documents in the
envelope provided, addressed to escrow agent:
Jason Weaver, Attorney at Law
c/o Los Arboles Limited
For questions regarding escrow procedures, contact
Jason Weaver, Attorney at Law:
email: jweaver@hagenlawfirm.com
phone: 954-987-0515
Next, mail envelope via first class mail or certified mail
as addressed above.
Step 6.
From the U.S. mail receipt center your executed closing
documents will be immediately forwarded to Belize to begin
the closing process. Upon receipt in Belize, the closing
documents will be submitted to the Government of Belize
for registration. The registration process is as follows:
A. Your closing
documents will be delivered to the Land Tax Office in Belmopan
(the Capital). The transaction is certified by the Commissioner
of Land that there are no unpaid property taxes due on the
parcel(s).
B. Closing
documents are then forwarded to the Valuation Section of
the Ministry of Natural Resources to ensure that the purchase
price is reasonable market price.
C. Closing
documents then proceed to the Land Utilization Authority
for verification of subdivision approval.
D. Closing
documents move to the Lands Registry to transfer the parcel(s)
of land into your name(s). Your name(s) is registered in
the Lands Registry as the new owner(s) of the parcel(s).
E. 1. If there
is no mortgage on your parcel(s), a Transfer Certificate
of Title or a registered Land Certificate will be issued
by the Belize Lands Registry and mailed to you.
2. If there is a mortgage on your parcel(s), the Transfer
Certificate of Title or registered Land Certificate will
not be issued to you until the mortgage is satisfied (paid
in full) - However, we will send you documentary evidence
of your ownership of the parcel(s). After the mortgage is
satisfied, a Transfer Certificate of Title or registered
Land Certificate will be sent to you.
Please allow approximately eight to ten weeks from the
time we receive your executed closing documents and final
closing payment for the completed transfer of title to take
place.
You must be over the age of 18 years to purchase parcel(s).
Click here for:
Parcel
Purchase Request Form
Master
Development Plan Map
Parcel
Pricing
Cost
Calculator
Financing
is Available!
Click
here for financing information
If you wish to finance your purchase, please check the
box at the bottom of the Parcel
Purchase Request Form.
For additional questions or more information about purchasing,
you may email us a
contactus@cayoproperty.com
or call us toll free in the U.S. at 1-888-.
From outside the U.S., we may be reached at .
© 2008 Los Arboles Limited.
Prices, plans, uses, dimensions, specifications, materials
and availability are subject to change without notice. Homes
within the Los Arboles community are constructed and
sold by independent builders not affiliated with Los Arboles Limited and its affiliates, none of which companies
guarantees or warrants the obligations of, or pricing by,
such builders. Illustrations are artist's renderings and
depictions only and may differ from completed improvements,
if built. Future development of Los Arboles may or
may not occur as shown on illustrations, depictions or maps
and buyers of property on Los Arboles should not rely
on such materials to get an accurate understanding of the
future development of Los Arboles. These materials
are void where prohibited by law, including, for example,
New York and Florida. This does not constitute an offer
to sell real property in any jurisdiction where prior registration
or other advanced qualification of real property is required.
