Mario Barrantes is our Nativu Escazú advisor. And he told us about this closing that was carried out through an escrow since one of the parties involved is a resident of another country.

Escrow is a legal figure in which the parties agree to hand over the custody of a document or value to an impartial third party so that it can be retained and delivered to the other party against compliance with the agreed conditions.

Read more: Escrow for real estate transactions in Costa Rica