Step-by-Step Guide to Closing a Real Estate Transaction in Mexico
Posted by Cathy Rios on
Closing on a real estate transaction in Mexico, particularly in Puerto Vallarta and Riviera Nayarit, requires a structured process to ensure legal compliance and financial security. Whether you’re a foreign investor or a local buyer, following these steps will help you navigate the closing process smoothly.
This guide outlines the key stages of closing a property purchase in Mexico.
1. Finalizing the Purchase Agreement
Before closing, a purchase agreement (Contrato de Compraventa) is signed between the buyer and seller. This contract outlines:
(âś”) Final sales price and payment terms.
(âś”) Property details, including title and ownership status.
(âś”) Closing timeline and conditions.
(Important Note) Related Guide: Understanding the Notarial &…
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