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why in the world should someone purchase a land from a Panamanian who is not actually possessing the land but only having the right to use it for a limited period of time?
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They shouldn't. And, it gets hairier: Some unscrupulous real estate agents and developers will *tell* you the property is titled, and maybe even show you a title, but after you pay your money and then go to register the property, you find that there's someone else with a title ahead of you. Best bet -- especially on the Atlantic side, where land fraud seems to be more rampant -- is to hire your own, independent lawyer (not the agent's) to do a title search for you -- before you hand over any money.