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BUYING PROCESS

Your 90-Day Timeline from Offer to Keys: What Each Week Looks Like

General ·

Dominican Republic real estate transactions run on their own rhythm. Not faster than U.S. closings, not slower — just different. Foreign buyers who expect a 30-day close get frustrated. Buyers who assume it'll take six months over-pad. The honest window is 60 to 90 days from accepted offer to keys for a clean, cash transaction. Here's the week-by-week so you know what's actually happening and when to push.

Weeks 1-2: Offer, Acceptance, Earnest Money

The purchase starts with a written offer, usually prepared by your buyer's broker, signed by you, and delivered to the listing side. In the Dominican Republic, offers can be written in Spanish, English, or bilingual format; English is fine for internal negotiation but the final documents will be Spanish.

Once the seller accepts (or you've negotiated to terms both sides agree on), you sign the promesa de venta, sometimes called a contrato de reserva or contrato de promesa. This is a binding agreement that locks in price, property description, earnest money, and closing timeline.

You wire 10% earnest money to an escrow account — typically held by your attorney. Good escrow practice in the DR means a segregated account in your attorney's trust account (cuenta de custodia), not commingled with their operating funds. Ask about this specifically.

By end of week two, you have a signed promesa, funds in escrow, and the due diligence clock has started.

Weeks 3-5: Due Diligence

This is when your attorney earns their fee. Parallel work streams across three weeks.

Title search. Pull the current certificado de título from the Título registry. Verify chain of ownership back at least 20 years. Confirm no liens, mortgages, or encumbrances. This alone takes 5 to 10 business days.

Deslinde verification. Confirm the property has a clean surveyed title with modern registration. For condos, verify both the building's underlying land and the specific unit's matrícula.

Physical survey or inspection, if the property merits it. Not universal practice in the DR but increasingly common for foreign buyers. Budget $300-$800.

HOA and condo document review, if applicable. Last 2-3 years of financial statements, meeting minutes, pending assessments, rental rules.

Tax status review. Verify any outstanding IPI property tax, utility balances, and municipal fees.

Corporate review, if the seller is selling through a Dominican corporation. Ensure the corporation is in good standing and the sale is properly authorized.

If your attorney finds issues during this window, this is where you negotiate. Major title problems may kill the deal (you recover your earnest money). Minor issues — small liens, overdue utility bills, outdated HOA minutes — typically get cured by the seller at or before closing.

Weeks 6-8: Document Preparation and Closing

Assuming due diligence clears, attorneys begin preparing the final closing package.

Contrato de compraventa (final deed of sale) drafted by the notario. You and your attorney review.

You obtain any personal documentation needed: passport copies, Dominican RNC tax ID (if you're establishing one), corporate documents if buying through an entity, proof of funds.

The seller obtains their side: any recent releases or cancellations of prior liens, HOA clearance letter, utility account transfer authorizations.

You wire the remaining purchase balance plus transfer tax plus your closing costs to your attorney's escrow. This typically happens 48-72 hours before the signing date so funds clear.

Closing day itself is typically a 60-90 minute meeting at the notario's office or a real estate attorney's conference room. You, your attorney, the seller, the seller's attorney, and the notario. Documents signed. Funds disbursed. Keys handed over (if the property is vacant) or handover scheduled (if tenants or seller need a move-out period).

By end of week eight, you functionally own the property. What happens next is the formal registration that creates the new title.

Weeks 9-12: Registration and New Title

After signing, your attorney files the contract with DGII for transfer tax payment, then with Título for recording. The new certificado de título is issued in your name.

Timelines here depend on the specific Título regional office. Coastal offices that handle significant expat volume (like the one serving Puerto Plata province) typically turn around new titles in 4-8 weeks. Slower regions can take 3-4 months.

During this window, you can already occupy the property, rent it, renovate it, or sell it back — you are the legal owner from the signing. The physical title certificate is just administrative catch-up.

You'll also want to open utility accounts in your name, open a local bank account if you haven't already, transfer HOA documentation, and (if you plan to rent) set up your rental management.

What Speeds Things Up

A few factors genuinely accelerate timelines.

Cash transactions with no financing contingency.

Properties with a current, clean deslinde.

Sellers who have their documents organized (some sellers do, some absolutely don't).

Using an attorney with strong relationships at the local Título and DGII offices.

Starting your personal documentation (passport copies, RNC, funds availability) before the promesa is even signed.

What Slows Things Down

Old titles requiring deslinde completion before transfer.

Inheritance issues where not all heirs of a deceased prior owner have signed off.

Corporate sellers with incomplete corporate books.

Holiday periods. Mid-December through mid-January and Holy Week (Semana Santa) genuinely slow government offices.

Sellers who live abroad and need to sign via power of attorney — adds 2-4 weeks.

Cross-border wire holds — occasional but real, particularly for wires originating from non-U.S., non-Canadian banks.

The Role of a Buyer's Broker During These Weeks

Our work doesn't stop at accepted offer. During these 60-90 days, we're the project manager keeping everyone moving.

We confirm your attorney has what they need from our side and from the seller's side each week. We track document flow, push for timely responses, coordinate inspections, and flag anything that looks like it's drifting. When things slow down, we know which phone call to make.

This is one of the core reasons a dedicated buyer's broker earns their keep on Dominican transactions. The market is not yet so professionalized that every listing agent will hold your hand through closing. Many are focused on the next listing.

What to Do While You Wait

Practical suggestions.

Open a local bank account. Most Dominican banks accept foreign nationals with passport, proof of address, and a reference. Banco Popular, BHD, and Scotiabank all have branches familiar with expat clients.

Get your RNC tax ID if you don't have one. Your attorney can handle this.

Begin connecting with service providers — cleaners, property managers, handymen — especially if you're not moving in immediately.

If you'll rent short-term, line up your management and begin building your listing. Our Cabarete rental yield breakdown covers what earning from day one looks like.

Your Next Step

When you're ready to start, submit your search criteria here and we'll begin finding listings that match your profile. If you want to be on the coast during part of the 60-90 day window — which a lot of buyers do — book stays through our sister company at caribbeanbreezeproperties.net.

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How Dominican Republic Closing Costs Actually Break Down

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Finding a Dominican Real Estate Attorney: Questions to Ask Before You Hire