This week Top Mexico will be presenting itsÂ´ latest webinar entitled Â¨Safely Purchasing Property in MexicoÂ¨. IÂ´m sure all of you canÂ´t wait for it to begin, so I will dedicate todayÂ´s blog to the subject which I will be speaking about. IÂ´ve included specialÂ mention of the role played by yourÂ lawyer and the … [Read more...] about Lawyers, Notaries and the Purchase Process
Mexico Notary Public
The notary public is one of the mostÂ important figuresÂ that you will deal with whenÂ purchasing property in Mexico.Â They areÂ a public officer constituted by law to serve the public in matters usually concerned with estates, deeds, powers-of-attorney, and foreign and international business. Their main functions are … [Read more...] about The Mexican Notary Public
Purchasing Property in Mexico: Part 4 In this entry about purchasing property in Mexico you will learn about the promissory contract and the purchase sales contract. Everything you need to know about both, when to use them, how they work and what role they play when buying real estate in Mexico is right … [Read more...] about Purchasing Property in Mexico: Promissory & Purchase Sales Contract
Purchasing Property in Mexico: Part 2 In this edition of purchasing property in Mexico we will discuss the details by which non-Mexicans can buy property in the restricted zones, and why non-Mexicans need a bank trust or Mexican corporation to purchases in those zone. Based on Article 27 of the Mexican … [Read more...] about Purchasing Property in Mexico: Bank Trust and Restricted Zones
Every transfer of Mexico real estate property MUST, by law, be made before a Mexican notary public. The Mexican notary public is required to have a degree in law.Â He must have a minimum of five years of legal practice, pass a rigorous examination and then be appointed by the governor of the state in which he/she … [Read more...] about Mexico Real Estate Closing Advice and Role of the Closing Agent
During the closing process of real estate in Puerto Vallarta, you must pass your title free and clear of any liens or encumbrances.Â Prior to the closing, the Notario will order a no liens certificate from the Mexico Public Registry.Â Therefore, you will need to pay all utility bills up to the closing date.Â You … [Read more...] about What are my selling costs on Real Estate in Puerto Vallarta?
There are profound differences between a Notary public in the US and the Notario Publico in Mexico.Â In the US, the public Notary might be a bank clerk, secretary at the office, or practice any other occupation.Â In Mexico real estate, the Notario Publico must have a law degree, verifiable experience, pass a rigorous … [Read more...] about What is the role of a Notario Publico in Puerto Vallarta Real Estate?
What you need to know after the closing. Congratulations! You have signed and closed on your new home in Mexico. But now what Before purchasing your property, you found tons of information about the buying real estate in Mexico. But what about after the closing Owning real estate in Mexico is very different from … [Read more...] about Mexico Real Estate Aquisition Process; The Post Closing