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MRWOOHOO · 05-22-2008

In regards to ROP (right of possession) land. I personally feel, and so does my attorney, that if you know what you are doing you are fine. There are some areas I would not purchase ROP (such as Bocas) but in many other areas there is not much of a problem. Once again this depends on how good (and honest) of an attorney somebody has. I actually just met with my attorney today. He informed me he can get a title on a good ROP property within 53 days. Once again due diligence needs to be handled. Many times the reason people's property is ROP is that they dont have the money to title it. They do have legal rights to the property that I believe were granted to them from the department of agriculture. As a side note my attorney informed me he is telling prospective investors currently not to buy ANYTHING in Panama.

05-22-2008	#94 (permalink)
MRWOOHOO Moderator Join Date: Sep 2007 Posts: 875 Rep Power: 2	In regards to ROP (right of possession) land. I personally feel, and so does my attorney, that if you know what you are doing you are fine. There are some areas I would not purchase ROP (such as Bocas) but in many other areas there is not much of a problem. Once again this depends on how good (and honest) of an attorney somebody has. I actually just met with my attorney today. He informed me he can get a title on a good ROP property within 53 days. Once again due diligence needs to be handled. Many times the reason people's property is ROP is that they dont have the money to title it. They do have legal rights to the property that I believe were granted to them from the department of agriculture. As a side note my attorney informed me he is telling prospective investors currently not to buy ANYTHING in Panama.