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This website contains general information about PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or its related parties, and is not intended to serve as a source of legal, tax, business, investment or financial advice for any purpose. Neither receipt of the information presented on this site nor any email or other electronic communication sent to and from PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or any of its directors, officers, administrators, brokers, agents and/or assistants through this site will necessarily create a broker-client relationship, and no such email or communication will be treated as confidential. No user of this site should act or refrain from acting on the basis of information on this site without seeking independent advice from advisors relevant to their particular situation. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. expressly disclaims liability with respect to actions taken or not taken based on the contents of this site. Prior results do not guarantee a similar outcome.

In the ordinary course of its business, PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or any of its directors, may engage from time to time in a broad spectrum of activities in relation to, including but not limited to: business purchases and sales, mergers & acquisitions, and dispositions; investment projects, project developments, and private equity deals; escrow accounts, property management, and proprietary investments; valuation of companies, properties and technical appraisals; underwriting, structuring, and financing; prospecting, syndications, and private placements; investing, lending and divesting, among others. In engaging in these professional sophisticated activities, the interests of PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. may conflict with the interests of its broker-client relationships.

PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. may often have a higher fee structure than independent firms, as a result of the value of firm’s directors and managers, and multiple service lines across a wide array of interconnected fields. Clients procuring the services of PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. acknowledge that they are aware of the firm’s high profile and value added services. 

We encourage users of this site to seek independent advice from their tax, accounting, legal or other advisors as deemed appropriate. The information on this page is solely for informational purposes only. It is intended for the benefit of third parties and those seeking information about PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. The information contained herein does not constitute and should not be construed as an offering of financial advisory or transactional services or an offer to provide or a solicitation to provide brokerage services in any jurisdiction in which such offer or solicitation, would be unlawful under the real estate, financial, and other laws of such jurisdiction.


DISCLAIMER OF LEGAL RESPONSIBILITY OF INTERNAL COMMISSIONS

PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. facilitates real estate agent contracts for professional services to natural persons who are dedicated to the activity of being real estate agents in the Republic of Panama. During the period of time in which said agents are in the company, whether they have a PN license or not, they will be covered under the PJ license and structure of the company and only their commissions will be paid while they are in the company. If any agent voluntarily resigns from the company, that is, for reasons unrelated to the company, and are with open transactions with the company or other real estate firms, they will lose the right to receive compensation in such transactions, since, if not thus, many agents would close several transactions, leave them open and leave the company, expecting full compensation from the company, while they go and engage in other activities or the same activity independently or in another company. In general terms, the agent who wishes to collect his full commission according to the contract in an open transaction, must keep current and work in the company until the transaction is closed to receive their respective compensation. As a serious and responsible real estate company, we honor the commissions of internal and external agents and pay them promptly, if all due processes and procedures have been fulfilled and at the same time we expect, as a minimum standard of conduct, respect and good management of our internal real estate agents. If for personal reasons they withdraw from our company, the day they do so, they should not have open transactions, so as not to be affected and if they do, it is at their own risk. In addition to this legal disclaimer, we may demand additional compensation and compensation from agents who have left our company, having started their other real estate activities independently while working at the company and we would proceed to collect or discount pending commissions, including, but not limited to, the following factors: use of PJ license, corporate office, workspace with computer and printer, legal bank account, proportional membership of associations, real estate portals, MLS user, office supplies, invitations to internal or external events related to the company, registered trademark in the DIGERPI, legal procedures, contracts, invoices, photographs, videos, among others.

AGENTS LEGAL DISCLAIMER



No information, forward looking statements, or estimations presented herein represent any final determination on the actual real estate investment performance achieved. While the information presented in this website has been researched and is thought to be reasonable and accurate, any real estate investment is speculative in nature. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or its agents cannot and do not guarantee any rate of return or specific price or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website, the user acknowledges and agrees that PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or its agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Brokers-clients are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions and to the clients they represent. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, and/or other professionals licensed, qualified or authorized to render such advice or services. In no event shall PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or its agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website or any information contained herein. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. and/or its agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, sales prices or investment timelines discussed or referred to herein. Although PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. retains the right to review any and all electronic communication between agents and clients to make sure all parties are acting in good faith and following on the laws and regulations in place governing the transactions that they collectively undertake, and they must know the laws that govern and regulate their real estate transactions and their ignorance does not exempt them from liability before a legal failure.


REAL ESTATE LEGAL DISCLAIMER




Real estate values, prices and liquidity are affected by many factors including interest rates and property tax rates, zoning laws, changes in supply and demand, and in the local, regional and national economies, just to name a few. 

Although PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to square meters are approximate only. The recipient bears sole responsibility for verification of the accuracy of the information contained herein and bears all risk for any inaccuracies. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein.

PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP.  does not actively recommend clients to either buy, hold, lease, sell or otherwise market, promote, dispose of their properties or investments. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. just facilitates client lead transactions acting in a traditional brokerage capacity, governed by the Decree Law No. 6 of July 8, 1999. We are not and cannot be held liable in any way, shape or form if the buyers or seller’s needs, expectations and/or contracts are fully fulfilled or executed to the fullest extent of the law, for this each particular client must contact their own representatives and/or lawyers, accountants, brokers, agents, architects or engineers, and any misrepresentation, dissatisfaction or nonfulfillment of contracts by either party, be it the buyer, the seller, both and/or other representatives involved is of their own responsibility and liability. PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. renders its services on a “caveat emptor basis” as solicited directly and engaged by clients, them bearing their own risk of their decisions, actions and documents signed for the services they seek at their own time, expenses, results, responsibility, actions, errors, omissions, expectations and assumptions.

 

ESCROW ACCOUNT LEGAL DISCLAIMER




PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. may provide incidentally as a part of its value added services, the services of ESCROW ACCOUNTS derived primarily but not exclusively from promissory sales contracts. What is placed in escrow may be a deed, check, money, written instrument, legal documents and/or other assets that are placed into custody with PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. by its owner, grantor, obligor, or promisor, to be retained until the occurrence of a contingency or performance of a specific condition is met derived from the underlying promissory contract. Any written document that is willfully executed by the abiding parties who voluntarily enter into a transaction will all the requisite, necessary, additional or unnecessary legal formalities may properly constitute an ESCROW ACCOUNT. The term escrow initially solely applied to the deposit of a format instrument or document; however, it is popularly used to describe a deposit of funds. The escrow agreement is a defacto contract and the parties to such agreement determine when the agreement should be released prior to making the deposit. After the escrow agreement has been entered, the terms for holding and releasing the documents or funds cannot be altered in the absence of an agreement by all the parties. The escrow agent or officer is an independent holder and ad-hoc agent for the parties until fulfillment of the underlying conditions of promissory contract are rendered, executed and delivered. The agree parties agree that by using PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. as an incidental escrow agent hereby expressly indemnifies the firm and/or directors, officers, lawyers, brokers, agents and personnel, if by any chance either the buying party or the selling party or both parties do not conclude the transaction in question by their own faults, errors, omissions, and misjudgment, and not pertaining to the escrow agent, and/or PANAMA REAL ESTATE & INVESTMENT CONSULTANTS, CORP. cannot and shall not be held liable, in any way, shape or form for the un-fulfillment of the promissory contract and hence the escrow agreement.

Arturo Enrique Miranda Castillo, Licensed Lawyer No. 13755 issued by the General Business Chamber of the Supreme Court of Justice of Panama, has a natural person registration No. 0314 as AUTHORIZED LOCAL CUSTODIAN… according to Agreement No. 1048 of November 24, 2015 issued by the General Business Chamber of the Supreme Court of Justice of Panama, Judicial Branch of the Republic of Panama, in accordance with Law 47 of August 6, 2013, modified by Law 18 of 23 of April 2015.

Panama Real Estate & Investment Consultants, Corp. with registration certificate no. 253770, through resolution 1413, issued by the General Directorate of the Registry of Industrial Property of the Ministry of Commerce and Industry, possesses the exclusive use of the trademark registration of Panama Real Estate & Investment Consultants, Corp. and design, according to Article 94 of Law No. 35 of May 10, 1996.

Panama Real Estate & Investment Consultants, Corp. includes 7% of ITBMS (Transfer Tax on Movable Property and Services) on all commissions for services rendered, as established by Law 8 of March 15, 2010.

Panama Real Estate & Investment Consultants, Corp. is Real Estate Brokerage and Financial Consulting & Advisory firm registered, regulated and supervised by Intendence of Supervision and Regulation of NFSs, ascribed to the Ministry of Economy and Finance.

The assets or listings are obtained through external suppliers or third-party natural and/or legal persons. This website is owned by Panama Real Estate & Investment Consultants, Corp. and is for informational and illustrative use only and for advertising purposes. Panama Real Estate & Investment Consultants, Corp. is not responsible or guarantees the results obtained through the use of this page by its Users and any electronic communication derived from it.

Any of the assets or listings are from external suppliers or from third-party natural and/or legal persons and should not be interpreted as investment or tax advice, nor as a recommendation to buy, sell or hold any particular asset or listing and consequently neither Panama Real Estate & Investment Consultants, Corp. nor its subsidiaries, affiliates, associated or related entities, nor their respective shareholders, directors, officers, executives, agents or employees guarantee or assure satisfactory results and, consequently, the activities that are made by the Users are for their own account and at their own risk. The Users accept and acknowledge that they have knowledge of the information and risks of the transaction they are carrying out, for which reason they expressly exonerate Panama Real Estate & Investment Consultants, Corp. from any losses incurred in said transaction. Additionally, Panama Real Estate & Investment Consultants, Corp. declares that such transactions are carried out under the principles of impartiality, good faith, transparency, on the basis that the User assumes the risk and putting the interests of the User before those of Panama Real Estate & Investment Consultants, Corp.