Before Acquiring Immovable Property by Powers: Requirements and Recommendations in Accordance with Ecuadorian Law

El Universo

Lean Right

Factuality

Ownership

A month and a half ago I signed a promise to sell a land (rural property) located outside Guayaquil, representing my two children and a nephew, who are outside the country. The company through an official had communicated with them telling them that they had to pay an initial value to secure the land, as they were the last ones available, and sent them the company's account number.

Rzeczpospolita

Factuality

Ownership

Agricultural land may be attractive to investors, but implementing an investment in such an area requires meeting numerous legal, planning and administrative requirements, including excluding the land from agricultural production.