Please note: At the time of closing, purchasers will
be responsible to pay the Belize Government Stamp Tax
and administrative filing fee. The Stamp Tax is 5% of
the parcel purchase price that exceeds US$10,000 and
the administrative filing fee is 2% of the parcel
purchase price, which purchasers must include in their
final closing payment.
Six Easy Steps in Purchasing
a Parcel(s)
Step 1
Select parcel(s) from the Master Development Plan.
Click here for
Master Development Plan. Parcels are available on
a first come, first served basis.
Step 2
Fill out the Purchase Request Form completely. Click
here for the
Purchase Request Form. Be sure to provide all
information requested and then submit the Purchase
Request Form by clicking the "Submit" button at the
bottom of the form. Allow 48 hours to receive
confirmation of your parcel(s) selection by return
email.
Step 3
Once we have confirmed your parcel(s) selection
availability and price, we will then send you a Parcel
Purchase Agreement/purchasing documents
(Documentation) for you to execute and return along
with a deposit equal to 10% of the total purchase
price. Issue a check made payable to escrow agent:
Jason Weaver, Attorney at Law, Escrow Account. This
deposit is non-refundable, however, the escrow agent
is authorized to disburse to you all money you have
paid prior to closing in the event of our failure to
convey title. Your deposit may be in the form of a
Personal Check, Cashier's Check or Certified Check in
U.S. funds. Send your deposit and a signed copy of the
Parcel Purchase Agreement/purchasing documents via
first class mail or certified mail to:
Jason Weaver, Attorney at Law
c/o Waterside Limited
621 NW 53rd Street, Suite 240
Boca Raton, FL 33487 USA
Step 4
Upon receipt of your deposit and documentation, the
parcel(s) will be held for you, pending closing. For
your convenience, our U.S. mail receipt center will
forward your deposit to the escrow agent, Jason
Weaver, Attorney at Law.
If your Documentation and deposit have not been
received within seven days, the parcel(s) that you
have requested will be made available again to all
prospective purchasers. If the appropriate
Documentation and deposit is received after the seven
day period and the parcel(s) is still available it
will be held for you. If your Documentation and
deposit is received after the seven day period and the
parcel(s) is no longer available, you will have the
option of choosing another parcel(s) or having your
deposit check returned in full.
Step 5
We will then send you the closing documents for the
parcel(s) you have selected. You will also receive a
copy of the Declaration, which your purchase is
subject to. Sign the closing documents, where
indicated, and issue a Cashier's Check or Certified
Check for final closing payment in the amount as set
forth in the cover letter attached to the closing
documents.
Final closing payment and executed closing documents
must be received within 30 days after you have
received all closing documents. If your final payment
has not been received within the 30 day period, it
will result in the forfeiture of your 10% deposit.
Include the executed closing documents in the envelope
provided, addressed to escrow agent:
Jason Weaver, Attorney at Law
c/o Waterside Limited
621 NW 53rd Street, Suite 240
Boca Raton, FL 33487 USA
For questions regarding escrow procedures, contact
Jason Weaver, Attorney at Law:
E mail:
jasonweaveresq@gmail.com, Phone: 954-987-0515
Kindly mail the envelope via first class mail or
certified mail as addressed above.
Step 6
From the U.S. mail receipt center your executed
closing documents will be immediately forwarded to
Belize to begin the closing process. Upon receipt in
Belize, the closing documents will be submitted to the
Government of Belize for registration. The
registration process is as follows:
- Your closing documents will be delivered to the
Land Tax Office in Belmopan (the Capital). The
transaction is certified by the Commissioner of Land
that there are no unpaid property taxes due on the
parcel(s).
- Closing documents are then forwarded to the
Valuation Section of the Ministry of Natural
Resources to ensure that the purchase price is
reasonable market price.
- Closing documents then proceed to the Land
Utilization Authority for verification of
subdivision approval.
- Closing documents move to the Lands Registry to
transfer the parcel(s) of land into your name(s).
Your name(s) is registered in the Lands Registry as
the new owner(s) of the parcel(s).
- 1. If there is no mortgage on
your parcel(s), a Deed of Conveyance/Indenture will be issued by the
Belize Registrar of Lands and mailed to you.
2. If there is a mortgage on your
parcel(s), the Deed of Conveyance/Indenture will not be issued to
you until the mortgage is satisfied (paid in full) -
However, we will send you documentary evidence of
your ownership of the parcel(s). After the mortgage
is satisfied, a Deed of Conveyance/Indenture will be sent to you.
Please allow approximately eight to ten weeks from
the time we receive your executed closing documents
and final closing payment for the completed transfer
of title to take place.
You must be over the age of 18 years to purchase a
parcel(s).
Click here for:
Purchase Request Form
Master Development Plan
Parcel Pricing
Financing is Available! Click here for
financing information
If you wish to finance your purchase, please check the
box at the bottom of the Purchase Request Form.
For additional questions or more information about
purchasing, you may email us at
contactus@realestateinbelize.com or
Call us toll free in the U.S. at 1-888-999-5114.
From outside the U.S., we may be reached at
561-859-2121.
© 2010 Waterside Limited. Prices, plans, uses,
dimensions, specifications, materials and availability
are subject to change without notice. Homes within the
Waterside community are constructed and sold by
independent builders not affiliated with Waterside
Limited and its affiliates, none of which companies
guarantees or warrants the obligations of, or pricing
by, such builders. Illustrations are artists'
renderings and depictions only and may differ from
completed improvements, if built. Future development
of Waterside may or may not occur as shown on
illustrations, depictions or maps and buyers of
property on Waterside should not rely on such
materials to get an accurate understanding of the
future development of Waterside. These materials are
void where prohibited by law. This does not constitute
an offer to sell real property in any jurisdiction
where prior registration or other advanced
qualification of real property is required.