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You Can Still 'Live The Dream'

It's a proven fact that land is still the Best Investment.
We will help you finance your purchase on Black Stallion Hills.
Please contact us for more info on our in-house
DREAM FINANCE PROGRAM.

BLACK STALLION TRUST OFFICIALLY SIGNED WITH CHICAGO TITLE.

Black Stallion Hills officially signed the Black Stallion Trust with Latin America Title, the exclusive agents of Chicago Title in Costa Rica. This document was signed Friday, March 27th. 2009' in San Jose. (See photos.)

We are all very happy about this huge document being agreed upon & being signed, sealed & delivered. Chicago Title runs a very professional, high energy company here in San Jose, Costa Rica.

Well why a trust? We get that question a lot. The reason is simple, we can legally pre sell lots while this huge beautiful project takes shape. As we receive funds from sales we automatically reinvest it into the project. Making it more beautiful & more community Eco friendly etc. So its the perfect legal set up we have created with our law firm GHP.

A good customized trust is like a great 4 x 4 jeep, with all the latest accessories. It's a solid strong reliable machine that's get you were you want to go, the correct way, with out any flat tires or any question marks. In a nut shell it's a black & white legal foundation.

The Black Stallion Trust offers clients a way to buy into the project, securing the financial & legal aspects of the transaction & purchase, plus title insurance, escrow services, financing services& much more. Please feel free to contact us regarding any legal questions.

Black Stallion Hills Legal Structure

° The Black Stallion Hills Project is composed of a dual legal regime to provide our potential buyers with a structure that truly protects their investment until the final Project and Condominium Regime is established.

°This Condominium Regime will allow our clients to own and have access to common areas, such as roads, stables, green areas, amusement facilities, among others.

° By means of a Guarantee Trust, developers transferred the real estate properties on which the Black Stallion Hills Project is located, to a neutral third party (for which purpose we chose Latinamerica Title Company an exclusive Agent of Chicago Title in Costa Rica, +506 2256-9697) that in its condition of trustee and acting according with the terms and conditions set in the pre-sales contracts, will keep the real estate property separated from developer’s patrimony and the buyer assets until all the obligations and terms agreed are duly complied by both parties.

° By means of an Administration Trust an Operational Trustee will secure our clients that any down payment or installment received and related to the real estate properties sold will be exclusively used in the development of the Project.

° This dual regime will allow our clients to become the sole and unique beneficiaries of the real estate properties to be created inside the Condominium Project.

° This beneficiary’s position will facilitate financing through bank loans, since a legal structure is already created to secure their payments.

° Until the Condominium Project is completely constituted and the real estate properties are legally ready to be transfer, the buyers will receive a fee title of the real estate property acquired.

° Since the real estate properties and rights transferred to the Trust are kept as independent and separate from the trustor, trustee and the beneficiary assets´, they are not subject to attachment.

If you have any questions or need more information, feel free to contact us at GHP Tamarindo offices, phone number +506 2653-1744 or send us and e-mail maguardia@ghp.co.cr.