Before we explain the purchase process, we would like to reinforce the fact that the current law of holding your property via a Mexican Bank Trust is a very safe way to own property in Mexico. You are the sole beneficiary of your Mexican property, and you can treat the home the same as if you held the title yourself; this includes collecting equity, selling your home, passing it down to other beneficiaries, making changes to the home and having extra protection provided by a Fiduciary entity....

Regarding the upcoming delivery of your Unit, the most important part of such event is YOU. As the new prospective property owner, you are in charge of verifying that all final finishes, fixtures and appliances are in strict compliance with the ones promised in your sales agreement by the developer or sales agent.

The first thing to know is, the act of Taking Possession of a residential unit also known as Delivery Date, might defer from a second concept known as Taking Title which for us, as closing attorneys, is known as Closing – Signing of your Closing Deed act.

At Inter Lex Mexico we have the solid intention to inform you how a closing procedure is integrated, and all the steps and items required to perform a successful closing.