Here we are, it’s October 2009 and my wife and I now co-own a beautiful oceanfront condo in Central America – living the dream… or so we thought.
Keith was insistent on us purchasing half of their lot that they bought for $60,000 USD. In fact, we took care of the paperwork and legal process during the same visit of us closing on the condo property – it was a busy trip. We all signed a contract of agreement to purchase half of the property in 2009 and so during this visit we were to have me added as a 50% owner of the property during this visit.
Our Lawyer at the time was Gonzalo de la Guardia, partner at De la Guardia, Neuman, Faraudo and Bermudez (DENFAB) is a law firm that provides legal services to companies and individuals, of all sizes, in the Republic of Panama.
Gonzalo drafted up both the bill of sale for the condo and was supposed to assign me to half of the vacant property during this legal transaction. Gonzalo told me he would send me an english version of the agreement and we signed the Spanish version of the documents for the condo and for the assignment of me as 50% shareholder of the vacant lot.
After the paperwork we enjoyed the rest of our vacation before we would return home to Winnipeg and get back to life. I anticipated english versions of the documents, but never did receive them and slipped my mind.
I asked Keith for a the exact amount of money I invested with these properties for my accountant and he never did get back to me with all of the required documents highlighting the purchase and the agreement – something seemed fishy.