Real estate companies registered before SUGEF

Why work with real estate companies registered before SUGEF? The Superintendence General of Financial Entities, known by its abbreviation SUGEF, is the organization that oversees and regulates financial entities in Costa Rica. In short, its role is to establish standards and general guidelines to ensure stability and transparency in the operations of audited entities.

Therefore, working with real estate companies and registered advisors brings a list of benefits for both potential clients and the advisors themselves.

Below, we outline the benefits that will enable you to make an informed decision when hiring a real estate advisor.

Benefits of working with real estate companies registered before SUGEF:

Buyer Security: Real estate companies registered under the supervision of SUGEF operate in strict compliance with norms and regulations. Consequently, this legal regulation provides an additional layer of security for end clients, offering support in their real estate transactions and agreements.
Professional Quality: Registered real estate advisors are expert professionals with training in the field. So that enables clients to receive specialized guidance on various subjects, such as market quotations, regulations, and administrative processes.
Legal Security: They must meet the precise documentation requirements of the procedures. Therefore, this ensures that all real estate transactions are carried out in accordance with the laws, avoiding potential legal complications in the future.
Transparency and Trust: SUGEF registration ensures that real estate companies disclose financial information and adhere to strict transparency standards. As a result, this process facilitates the assessment of economic stability and company history, reinforcing clients’ confidence.