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Economic/Commercial Section

Property Office

 

The Property Office of the U.S. Embassy in Managua assists U.S. citizens with ongoing property claims against the Government of Nicaragua. The Property Office is a facilitator between U.S. citizens and the Government of Nicaragua on cases where properties were confiscated during the 1980s, and the claimants look to obtain compensation or the return of their property. In addition, we may be able to assist in some cases where U.S. citizens have lost property rights due to recent Nicaraguan government action, not private disputes between individuals. Note, that property office staff are prohibited from acting as legal attorneys or representatives for U.S. citizens.

There are many difficulties in defending property rights in Nicaragua. Property registries suffer from years of poor manual recordkeeping.  Many jurisdictions still do not have electronic record keeping, and others have only recently adopted a digital registry system.  Establishing a title history is often difficult. The wrongful expropriation of 28,000 properties in the 1980s has greatly complicated the process. Attracted by escalating property values and a slow developing judicial system, some individuals have engaged in various forms of land trafficking and outright theft. Judges and municipal authorities have been known to collude with such individuals, and a cottage industry supplies false titles and other documents to those who scheme to steal land. Property invasions usually go unchallenged by local law enforcement officials and in some cases turn violent. New and constantly changing government requirements for titling and registering properties have made the process cumbersome and unpredictable. For more information you may contact Property Office staff directly at (011) (505) 2252-7234, or e-mail: managuapropoffice@state.gov.

Potential real estate investors should be aware of the delicate issues surrounding real estate transactions. Previous to any real estate transaction we recommend a thorough due diligence and the advice of local legal representation to avoid future property disputes. For more information, please see our Due Diligence Advisory.

Government of Nicaragua Liaison Office for U.S. Claims

In December 2008, the Nicaraguan Attorney General's Office created a liaison office for U.S. citizen property claimants awaiting the resolution of their cases as a result of property confiscations that occurred from 1979-1990.  The purpose of this office is to provide U.S. citizen claimants and the U.S. Embassy Property Office a point of contact in the Nicaraguan Government to discuss the status of U.S. property claims.  The coordinator of the liaison office is Ms. Rebeca Zuniga. Ms. Zuniga is a Nicaraguan attorney and notary public. If a U.S. citizen would like to request a meeting with the Attorney General's Liaison Office, please contact the Property Office at (011)-(505)-2252-7234, or e-mail: managuapropoffice@state.gov.

For more information on Nicaraguan laws and procedures regarding property claims can be found at the Nicaraguan Attorney General's Office website at http://www.pgr.gob.ni

Due Dilligence Advisory

  • Buying Property in Nicaragua
    Potential real estate investors should be aware of the delicate issues
    surrounding real estate transactions. Previous to any real estate
    transaction we recommend a thorough due diligence and the advice of local legal representation to avoid future property disputes. For more information, please see our Due Diligence Advisory.