Introduction – Our law firm, Panama Legal, occasionally gets queries about the eviction process in Panama for residential real estate. Below follows a brief summary of the process and time frames involved. This is not legal advice, just an overview of what is involved.
Applicable Law – Law #93 dated 1973 is the law that covers residential real estate leases in Panama. Some leases that would be excluded from coming under this law would be leases with following attributes:
* leases of rural property
* leases of property in the reverted Canal Zone
* leases where the rent is calculated by the day such as a hotel, motel, bed and breakfast, boarding house, Inn, etc.
* leases of property primarily designated as vacation property where the term including any existing renewals of the lease is under 180 days
* leases whereby the government of Panama or its municipalities are parties in the lease agreement. However if they do appear in the lease agreement as the property owner or landlord they can utilize the eviction provisions of the applicable law we are dealing with here.
Rental Values – If the...
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