Buying real estate in Mexico can be a daunting experience, we have all heard stories in the news about foreigners losing their Mexican property. These unfortunate stories could have been prevented if they had purchased their property through proper legal channels.
The majority of foreigners who buy Mexican real estate will receive a clear title deed on the property. However, some foreigners neglect to have a lawyer perform due diligence and may never receive the title deed. Foreigners risk losing their investment if they do not hire a reputable law firm to represent them and guarantee they receive the title deed on the property.
Potential buyers are led to believe they should purchase title insurance from a company typically based in the US or claiming to be an American title insurance company; this is not necessary. By choosing a trustworthy international law firm in Mexico who provides a title guaranty you can rest assured your investment is safe and secure. Due diligence on the part of our legal team will secure title without purchasing title insurance.
The notario is obligated by law to ensure the title deed is transferred and registered to the purchaser in the Registro Público de la Propiedad. However, MexLaw will follow up step by step to ensure there are no human errors and that your property is registered in your name and present you with a clear title deed, guaranteed.