Our real estate law practice compliments the firm’s other major practice areas and affords you experienced representation in all matters related to real estate legal services.
We'll coordinate with the parties involved (seller, real estate agent, notary, lawyers, etc.) so they have the information they need to fulfill their role. We'll be making the calls, sending the emails, doing the paperwork, and attending the meetings to save you time and ensure everything is done correctly.
Our firm of Mexican lawyer was born as a solid decision by a team of professionals who, aware of the needs of the market and with 15 years of experience in real estate and fiduciary business in the Riviera Maya, has as its main objective to provide you with flexible, friendly and reliable services that assists you in completing your trust with the highest standards of integrity and legality. We are a fiduciary service in partnership with Banco Covalto S.A. Multiple Banking Institution offering reliable real estate legal services.
Looking to buy property in Mexico and having trouble navigating the laws for foreigners?
From the moment you give us the opportunity to serve you with our Real Estate legal services, we will begin researching your case to ensure that the property is in optimal legal status. We’ll coordinate with the parties involved (seller, real estate agent, notary, lawyers, etc.) so they have the information they need to fulfill their role. We’ll be making the calls, sending the emails, doing the paperwork, and attending the meetings to save you time and ensure everything is done correctly. Due to the extended nature of fiduciary services, we create long-term relationships with our clients and will always be in contact.
An Escrow Service which is insured and held in a Canadian or American bank in a segregated account.
We can assist you and your attorneys with special escrow account needs, handle sensitive or high-profile transactions and aid you in the preparation of special forms and legal documents.
Buying property here is difficult and fraught with pitfalls, but with real estate legal services advice and guidance, purchasing your next home or investment becomes much easier.
Third party escrow service offers a safe solution for both the buyer and the seller. We are an honest team of lawyers with over 10 years of experience in this industry.
As a commercial escrow service, our lawyers help you and your business partners reach an agreement on the terms of a project. We provide a binding agreement between all the parties involved, where your funds are safely held in a managed account.
Our lawyers can help you with Mexican family trusts, real estate, and more. We have a team of professionals dedicated to providing our clients with the best legal service available.
FREQUENTLY ASKED QUESTIONS
Real Estate Legal Services
Once you have decided to purchase property a in Mexico, we will suggest that you complete the following steps. You can contact one of our offices in order to arrange for an appointment to meet with a lawyer who will assist you with the documents required and with the process. There is no fee for this service.
Our real estate legal services include collecting and verify all the documents necessary for the transaction. We will accompany, assist and review the Notary Public’s work before closing. Once all the documentation and title research is concluded the seller and the purchaser will execute a Deed of Sale by which title is transferred. This deed is referred to as an “Instrumento Público” which is the final document attesting to your acquisition of the rights relating to the property and which will be recorded at the Public Registry. At this point the remaining closing costs must be paid. This includes the real estate transfer tax, the personal property and value added tax, the final appraiser fees, the final notary closing fees, bank fees (if applicable), prorated taxes and assessments for the remaining portion of the calendar year, working capital (if necessary), and other costs which are identified for you on the Estimated Closing Costs which we will provide.
Please note that in case of any discrepancy only the Spanish version shall prevail. If you have any questions throughout the process you can contact our legal department.
Once the deed of sale has been signed, we will verify that all the taxes, condo fees, and utility services are paid up to date. According to Mexican law, the buyer’s rights may be contested by a third party if the title has not been registered. Our lawyers will verify to ensure that the deed is recorded at the Public Registry.We also stand by our Title Guaranty by providing a certificate that the title is free and clear and cannot be contested. As the buyer, you should receive a copy of the title deed. Never assume the title has been transferred into your name without proof.
It is important for owners, investors and mortgage lenders to secure a “good title” in order to have peace of mind about the property acquisition and a valid title when the time comes to sell the property. Once the transaction is concluded, a Title Guaranty will be issued by us after a comprehensive title search has been carried out on the property and a clear ownership of title has been established. We will guarantee to the buyer a free and clear title to the property and assume the responsibility to correct or remedy any defect. registered. Our lawyers will verify to ensure that the deed is recorded at the Public Registry.We also stand by our Title Guaranty by providing a certificate that the title is free and clear and cannot be contested. As the buyer, you should receive a copy of the title deed. Never assume the title has been transferred into your name without proof.
When purchasing a property, an important consideration will be to determine under what conditions the transaction funds will be held and distributed. In most markets, attorneys or brokers will hold the transaction funds on behalf of the buyer. This is not recommended in Mexico, as neither Notaries, Mexican Lawyers nor real estate agents are certified by a government authority and legally cannot hold funds “In Trust”. We offers fully insured Escrow Services by receiving the funds “In Trust” in a segregated special account held in a Canadian Bank.