Central America - owning property in Costa Rica

We (US and German citizens) inherited a property (bare land) in Costa Rica. Now we need to figure out some information about legalities. Can anybody recommend reading material that would give us some information?

is there a more specific question ? I have 2 properties in CR, since 1993 and 2001. Are you planning to sell ?

Please follow this thread in the FT Central America Forum.
Thanks..
Obscure2k
TravelBuzz Moderator

I have no specific details,
but I think CR is trickier than Panama, for example.

I heard some horror stories about the "squatter's law",
but I guess that is only as problem with developed property.

is your question related to how to get the property under your name?

From what I have figured out so far it appears that we will have to form a corporation in CR and transfer the property into that corporation. Seems all pretty straight forward. Hire a lawyer and have him/her take care of it.

I was just wondering if there are any pitfalls that one should avoid.

I can recommend you a reputable lawyer (my eyes hurt to see those two words together LOL)

one of the things, our marvelous goverment down here is money hungry and is actively trying to pay a tax on corporations.....you may have to pay property tax (which can be a stupidly low amount) if there are taxes due of course

where is your property if you can forgive my curiosity