TRANSFER OF TITLE IN MEXICO
Property transfers have important
legal and tax consequences. Don't permit someone to persuade a full transfer of
title to your name isn't important!.
Prior to any
transfer of real property by individuals or companies, Mexican or foreign, you
should verify that there are no liens or encumbrances registered against the
If the property is encumbered, the lien will follow the property and the new
owner may have to pay off the lien or risk losing it.
search is the best form of title verification available"
A Mexican real estate transfer is
concluded or consumated at the time the Escritura Publica, the public deed, is
signed and witnessed before a Mexican Notary Public. The Escritura Publica, or
public deed must then be registered in the property tax department and in the
Public Registry of Property and Commerce in the jurisdiction where the property
is located in order to protect the interests of the Buyer and to provide
notification to third parties.