Before purchasing Real Estate in Mexico, it is very important to research the legal history and registered background of the property to verify legitimate ownership, ensure there are no encumbrances, limitations, or marginal notes, and confirm the seller’s legitimate right to sell.
Before purchasing Real Estate in Mexico, it is very important to research the legal history and registered background of the property to verify legitimate ownership, ensure there are no encumbrances, limitations, or marginal notes, and confirm the seller’s legitimate right to sell.
On occasions we have found irregularities with properties offered for sale. Sometimes we find that the property in question is part of an ejido: a concession given by the federal government to a community, and which cannot be legally sold unless it is regularized into private property; other times we have found that the property being offered for sale has some type of restriction or an encumbrance or that the seller is not the legitimate owner. In one instance, we found that the property offered was subject to the resolution of a lawsuit.
It is very important to conduct a full Title Search at the Public Registry as part of your due diligence before buying Real Estate in Mexico. This government office keeps the complete legal history of Real Estate properties within its jurisdiction. Here you will find out if the property you are considering is free and clear or if it has any limitations or considerations that might cause you problems down the line.
At Amigo Country we will be happy to accompany you to the Public Registry offices and show you how to conduct a thorough Title Search or, if you prefer, we can do this for you and submit a complete report on the property to you so that you can make an informed decision.
Review contracts for the purchase, sale and/or lease of properties in Mexico to ensure legality and alignment with client objectives and advise on necessary modifications.
Investigation of property records to ensure compliance with tax payments, such as property tax, federal maritime land zone rights, and utility services like electricity, water, telephone, WiFi, cable TV and condominium maintenance fees as applicable to the property.
Draft contracts for the purchase, sale and/or lease of properties in Mexico.
Translation of documents from Spanish to English and from English to Spanish.