What parties are involved in the FIDEICOMISO?
A. The Trustor (Seller) This is the individual or entity that creates the Trust (In most cases this is the original Mexican landowner or Seller). The Trust is irrevocable, so once the Trust is incorporated, the Trustor will have no power to change any part of the Trust or participate in it. B. The Trustee This is a Mexican bank authorized to act in such a capacity under the Mexican General Law of Credit Institutions. Such banking institutions are strictly regulated and controlled by the Ministry of Finance and Public Credit, The Bank of Mexico and the National Banking Commission. A Trustee may not be a beneficiary of the FIDEICOMISO. The Trustee receives instructions from the Beneficiary and is empowered with the rights and necessary powers to achieve the objectives set forth in the Trust Agreement and, at the same time, acts on behalf of the foreign Beneficiary in any and all transactions involving the property held in FIDEICOMISO. C. Primary Beneficiary (Purchaser) This is usually th
