Posts Tagged ‘Legal’

Do I need a Mexican living will or medical proxy?

See our sections about the will and testament for details on that matter. Here we will discuss the living will. We use the term living will but the document is sometimes also known as a medical proxy and also goes by other terms. Do you need one while living in Mexico? In a word, definitely. (more…)

Do I need a Mexican will?

For people that are going to be in Mexico part of the year or all of the year, those that are buying property or doing any business in Mexico, or those bringing a vehicle into the country, really anyone living in Mexico (including Mexicans), it is indispensable to have a will in Mexico. (more…)

What foreigners can and can’t do in Mexico

When residing in or visiting Mexico as a foreigner, whether or not you have an FM3 or FM2, there are certain important things to keep in mind. (more…)

Special Considerations for Closing and Conveyance

Important notes:

  • Typically ALL closing costs are paid by the buyer, each operation differs in terms of the costs, but it can be a considerable amount and should always be investigated before closing
  • ALL paperwork (the deed, lien search, etc.) should be reviewed by a notary and a lawyer before laying down any money (more…)

Benefits for Realtors and Developers – Title Insurance

  • Presence of Stewart services provides security, transparency and eases transaction worries for all parties
  • Reduces administrative burden for Realtor or Developer
  • Establishes standardized closing process
  • Escrow reduces the liabilities of handling client’s funds and ensures that commissions will be paid (more…)

Understanding the Closing Process Flow

Understanding the Closing Process Flow

Hiring a professional firm to handle your closing process is the first step, but do you know what else you need to ensure a successful closing?

A new country means a whole new set of rules when it comes to real estate transactions. The keys to a successful closing are communication, organization and professional help. (more…)

Why Title Insurance?

Why Title Insurance?

When you decide to buy a property you must be certain that after the sale has been completed you will be the true owner of the property. You need to be confident that no liens, encumbrances or other impediments will prevent your free use and enjoyment of the property. (more…)

Federal zone

What is the Federal Zone?

The laws of Mexico determine that there is a strip of land on the beach (and other protected areas) that is considered as part of the Federal Public Domain of Mexico, as is the sea along the coast of Mexico. (more…)

IdeaCOM does not review, endorse, approve or control, and is not responsible for any sites linked from or to this site, the content of those sites, the third parties named therein, or their products and services.