Revoking a Beneficiary in the Trust with a Will.When finances are low and time is short due to Health Issues. If you have property in a trust In Mexico and thought about leaving a Will to make sure that the property is received by your beneficiaries,...
By Rafael Solorzano Foreigners, have different options to own property in México, but I want to focus on my preferred choices: Through a Mexican Bank Trust (Fideicomiso).By incorporating a Mexican Company to be the owner of the assets and be able to lease them to others. Caveat emptor! Yes,...
By Rafael Solorzano When in the market for real estate and if you have already met with a real estate agent or the actual seller chances are that you may be in a pressure cooker for a while, not only will you have to be careful...
I am a closing attorney and the following is a description of my services. When buying a house an empty lot, commercial or industrial property, you as the purchaser may ask, ‘what is the role of the closing attorney? There are five primary functions handled by...
Buyer and seller should be informed what are the closing costs that each party must pay. The seller must pay: Sales commissions to the real estate agent, (unless it is a sale that did not involve an agent). Property tax. Homeowners’ association fees, if within a...
This outline has been prepared on the basis of a standard cash purchase transaction. Of course there are many variables that can occur, and the timeline is always subject to the Offer to Acquire and the dates established for deposit and action. While every effort will...