Frequently asked questions
How do we know if these are legitimate sales?
Properties sold by the United States Marshals Service, are forfeited by the U.S. government under federal court order, either consented to, by the defendant or domesticated in a Dominican court, and sold on behalf of the U.S. government as authorized by the federal courts. All interested parties are encouraged to research and review all due diligence information.
Is financing available through the USMS?
No, financing is not available through USMS. You will have to secure your own private financing.
When is payment due to USMS?
Full payment is due to USMS at closing, within 30 days of the acceptance of the offer. 10% at-risk deposit is required upon acceptance of the offer.
How I can get more information about the asset?
All information that we have regarding the assets are listed in the properties description. If you require additional information, please contact us at info@DRAssets.com.
Are there any liens, encumbrance or opposition on the property that I will have to pay?
The USMS discloses any information that they have knowledge of, including recorded lien information. However, it is Purchaser’s responsibility to conduct its due diligence at his sole cost.
How do I know about the physical conditions in which the asset is?
Interested parties are able to request inspections to assets. Feel free to send us an email at info@activosRD.com. The assets are sold “where-is” and “as-is”.
Who will pay closing costs?
Closing costs are the responsibility of Purchaser, as well as taxes and fees for the transfer of assets to purchaser’s name. We have no information regarding closing costs. Your lawyer can provide you with this information.
The properties include furniture or home appliances?
Any item or furniture that is on the property is excluded from the sale, unless otherwise agreed by the USMS. Purchaser assumes all responsibility for accepting goods sold in its current condition.
Which are the tax obligations to maintain the property under Purchaser’s name?
Dominican law requires the yearly payment of 1% of the value of the property based on current applicable law. There are exceptions depending on the value of the real property. We recommend that you to consult with a lawyer and or an accountant.
Can a foreigner purchase property in DR?
Yes, Dominicans and foreigners can purchase property in the Dominican Republic without distinction.
