Property buying checklist

Key Concepts

Fideicomiso

Bank trust. Allows you to hold property in restricted zones with full ownership rights.

Notario público

An impartial, government-appointed lawyer who validates and oversees your entire transaction, ensuring legal compliance.

Ejido

Communal land. Always avoid properties with unclear ejido status.

Predial

Annual tax.

Dream Team

• Reputable Real Estate Agent
• English-Speaking Lawyer
• Notario Público

Before Signing

• Verify Clear Title
• Confirm Non-Ejido Land
• Review Sales Contract
• Verify Devlopers/ Agent Credentials

Key Documentation

• Promisory Agreement
• Purchase-Sale Agreement
• Title Search Report
• Fideicomiso Documents
• Lien Certificates (specially for homes that aren’t new)
• Appraisal Report
• Deed (Escritura)

Taxes And Fees

• Acquisition Tax (2% - 4%)
• Notario Fees (1% - 2%)
• Registration fees
• Property Taxes (Predial)
• Trust maintenance fees
• Utilties
• HOA fees

Contact

Phone: +52 55 6166 3688
Email: info@thecanyon.mx
Website: thecanyon.mx