Real Estate Lawyer in Mexico
Our firm advises foreign clients in all aspects of real estate transactions in Mexico, from acquisition of properties, including purchase agreements, trusts, escrows, or other legal structures, to property divisions, mergers, subdivisions, condominium regime.
In addition we review public and private service agreements, agreements with authorities, and anticorruption requirements under the most up-to-date laws.
Buying or selling realestate in Mexico can be a complicated and delicate process specially when being confronted by diferent types of laws and practices.
The following are among some of the services we provide to clients purchasing or selling Realestate property in Mexico:
- Due diligence for the acquisition of real estate, by reviewing various areas related to property ownership including but not limited to:
- Revising the actual deed for the property including investigation of chain of title
- Obtain and review municipal permits and licenses
- Authorization from the municipality for Condominium Regime or other legal structures
- Certificate of non encumbrances
- Updated cadastral Cedula.
- Proof of payment of property taxes.
- Receipt of payment of the current property tax of signing the deed referred.
- Proof of payment of current water, utilities, HOA fees (HOA statement), municipal public works.
- Reviewing or drafting purchase, sale, lease or other types of contracts or agreements related to realestate property in Mexico.
- Setting up Escrow agreements for the safe transfer of the money and to avoid the risk of having to hand over down payments or total amount of purchase to the seller or to an agent.
- Setting up a Trust with a financial institution (Bank) when the buyer is foreigner in order to be allowed to purchase property in Mexico within shorelines or borderlines according to Mexican Law.
- Representing clients before the realestate agent, seller, notary and other parties involved in the transaction.
- Setting up the purchase or sale process before the Notary
- Verifying that the transfer of property is done before Notary and that the deed is registered in the Public Registry of Property.
- Getting a final version of the registered deed and providing it to the client.