BE AWARE OF AND PREVENT CONFLICT OF INTEREST SITUATIONS!
When participating in a business transaction in Dominican Republic, whether involving a real estate deal or not, the rules of conflict of interest and the sound practice of avoiding it are as applicable in this country as they are on your own.
In many cases, investors tend to forget these principles, which they would probably apply when doing business at home, and often, in the heat of the moment, rush themselves into deals that might not be in their best interest.
Using the same attorneys as your counterparts in the transaction or as the real estate agent involved in it usually leaves you unprotected or under protected vis-à-vis the many conflicting needs and requirements of such parties.
We urge you to take this into account and to select your own attorney, keeping your best interest in mind and ensuring a successful and satisfactory transaction.
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