Hi all,
I am interested in a piece of property I found and was advised by the realtor that the property is "Currently in a corporation with bearer shares available". I have never heard of this term before and was wondering if anyone residing in Panama City has heard of this and what it actually means? I did Google it and found some articles stating that it was a means of fraudulent real estate transactions and again looking for any information on this term.
Anyone that can shed any light on this would be GREATLY appreciated.
Thanks,
Jon