How Does the Property Ownership Transfer Process (Closing) Work?
In Mexico a Notorio Publico takes the place of the traditional Escrow or Title Insurance companies. The Notorio Publico should not be confused with a Notory Public in the U.S. A Notorio Publico is a highly experienced and specialized real estate attorney who has been appointed by the Federal government to oversee property transfers and other procedural legal matters. The Notorio Publico will handle the complete transaction including title search, property transfer and generation of a fidiecomiso.
