Real Estate & Hospitality

The firm conducts full title verification under the Torrens registration system administered by the Jurisdicción Inmobiliaria (Law 108-05). This includes review and confirmation of certificados de título, deslinde completion status, registered encumbrances, easements, and rights of way. Where co-ownership disputes, informal occupancy claims, or area discrepancies arise, the firm manages resolution directly with the Tribunal de Tierras. Institutional buyers are advised to require a completed deslinde as a condition precedent to closing. Environmental diligence covers impact assessments under Law 64-00, coastal setback compliance (the 60-meter restriction), and municipal zoning confirmation. A permit from one authority does not guarantee compliance with another — all three must be confirmed independently.

The firm structures acquisitions for single-asset hotel purchases and portfolio transactions across the country's principal markets. Operator negotiations cover hotel management agreements, franchise structures, and branded residence programs. For qualifying projects, the firm handles applications for CONFOTUR tourism incentives under Law 158-01, which can provide exemptions from income tax, import duties, ITBIS, and transfer tax for up to 15 years. Labor diligence is a core focus. Severance exposure is modeled explicitly, covering cesantía, pre-aviso, and salario de navidad under the Labor Code (Law 16-92). Worker classification analysis and collective bargaining review are completed before closing.

Greenfield development mandates are structured from land acquisition through permitting, construction, and unit sales. The firm handles condominio regime formation under Law 5038 for horizontal and vertical property divisions. For long-hold assets and development vehicles, the standard institutional holding structure is the fideicomiso (trust) under Law 189-11. This provides asset segregation and a 10% income tax rate on retained earnings, compared to the 27% corporate rate. Financing documentation includes seller financing agreements, intercreditor arrangements, and coordination with international development finance institutions such as IFC and IDB Invest.