Real Estate and Construction
"This is a reliable team that is very experienced in terms of understanding foreign investment in the Dominican Republic" - Chambers Latin America 2015
Pellerano & Herrera regularly represents construction companies, financial institutions, property owners, tenants, and developers of commercial, residential, and tourist projects that require assistance in purchasing, renting, and planning for the use of real estate. The firm’s international clients frequently praise the advantages of the one-stop-shop approach to real estate our firm offers to them.
We handle all aspects of real estate law, from preparing documentation and negotiating the terms of a purchase or sale to overseeing the division and demarcation of land.
To formalize the transfer of ownership under a client’s name, Pellerano & Herrera assists in the investigation of real estate liens and encumbrances, tax assessment, and obtaining the new title deed on behalf of a purchaser, as well as providing any other assistance that clients may need during the process.
The firm has extensive experience in the management of construction projects, including aqueducts, roads, marinas, and docking ports. The firm also regularly represents clients in public-private projects and provides assistance in relation to Law 340-06 on Purchasing and Procurement of Goods, Services, Works, and Concessions.
We assist our clients in all stages of these projects, from the definition and structuring of turnkey contracts or EPC (engineering, procurement, and construction), and the structuring of guarantees, the negotiating of government concessions, and tax planning.
We also offer assistance to clients with respect to their day-to-day operations, including reviewing contracts and agreements with suppliers and contractors, among other matters.