Costa Rica Expertise: November 2014

Monday, November 3, 2014

Notary dues frozen since 1998 Victims out in cold


By: Garland M. Baker B. 
Exclusive to A.M. Costa Rica

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Why does the Costa Rican judicial system not do more to protect the rights of citizens and foreigners against fraudsters and swindlers? Especially, when it comes to property fraud.

A case in point is the Dirección Nacional de Notariado, the national notary directorate that is part of the Ministerio de Justicia y Paz. That translates to the ministry of justice and peace in English. The national registry is part of the same organization. It has not increased the legal dues to its membership since 1998.  Dues were enacted by Law 7764 to be accumulated into a fund, in part to protect innocent people from the wrongdoings of its members. Including, but not limited to, property fraud transactions.