Movable and Inmovable Property
In Panama, movable and immovable property are regulated by various laws that establish the rights, obligations, and legal procedures related to their purchase, sale, transfer, and use.
What are Movable and Immovable Property?
Movable Property
These are assets that can be moved from one place to another without losing their integrity or functionality. Examples of movable property include:
Vehicles
Machinery and equipment
Money and securities (stocks, bonds, etc.)
Furniture and appliances
Commercial inventories
Movable property in Panama is mainly regulated by the Panama Civil Code and the Commercial Code, depending on the type of property and its use.
Immovable Property
These are assets that cannot be moved without altering their nature or structure. Examples of immovable property include:
Land
Houses and apartments
Commercial and industrial buildings
Plantations attached to the land
Immovable property is regulated by the Panama Civil Code, Law 106 of 1973 on the Public Registry of Panama, and other regulations related to property and land use.
Movable and Inmovable Property
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Property Regularization and Title Issuance
Legalization of land and properties without titles.Correction of errors in deeds.Adverse possession or prescription processes.
Advisory on Buying and Selling Property
Drafting and reviewing purchase contracts.Due diligence to verify the legal status of the property.Registration of deeds with the Public Registry.
Advisory on Movable Property
Transfer and registration of vehicles and machinery.Asset protection through trusts.Management of mortgages and movable guarantees.
Litigation and Dispute Resolution
Defense in property and possession cases.Recovery of assets for breach of contract.Lawsuits for breach of payment or real estate fraud.
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Benefits We Can Offer You
Movable and immovable properties offer a variety of benefits, both for individuals and businesses.
Movable and Inmovable Property in Panama
Protect your assets
The management of movable and immovable property in Panama requires a detailed understanding of the applicable laws and regulations. Having the guidance of a specialized lawyer ensures that processes such as buying, selling, leasing, and litigation are conducted safely and efficiently.
If you are interested in acquiring, selling, or protecting your property in Panama, a specialized lawyer can help you avoid legal risks and optimize procedures.