LEI
Mexico FAQ’s
When Do I Pay For My
Property?
Just like in the United States, you do not pay for your property until you have a clear title. When buying Mexican real estate, you must get a Trust and have the rights to the property transferred to your name.
Until you do this, the legal owner of the land is still the previous owner. Your money should be held in an individually numbered, bonded and insured escrow account until your Trust is complete and the property rights have been transferred to you. DO NOT release funds to a seller until you have received your Trust.
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