Closing and title services by IdeaCOM
Corporate, Closing and Title
- Trust preparation
- New corporations to acquire properties
- Pre-sale contracts
- Buy-sell contracts
- Fusion and subdivision of properties
- Notary service oversight (more…)
Corporate, Closing and Title
In the 1917 United Mexican States Constitution, in their 27th article points out that ownership of the lands and waters within the boundaries of the national territory is vested originally in the Nation, which has had, and has, the right to transmit title thereof to private persons, thereby constituting private property. (more…)
Real Estate & Finance
The Apostille, making a document legal for use in Mexico
By Linda Neil
In Mexico, the ONLY authority permitted to draft a deed transferring real property or an interest in real property (such as the fideicomiso) is the Mexican Notary Public. This person is different from a notary public in the United States where a simple exam, a bond, and a rubber stamp can make a notary public out of most people. Nor is it similar to Canada’s Notary Public who must meet a few more stringent requirements to qualify. Not so many, however as the Mexican Notary. (more…)
Escrow; Third Party Security
When purchasing a property one of the most important issues to address for both a buyer and seller is how and under what conditions the funds will be safely transferred. In an international transaction this issue is even more important as it is often complicated, as both the purchaser and seller may not be familiar or comfortable having funds deposited in an unfamiliar jurisdiction, or with an unfamiliar attorney or bank. (more…)
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