mexicobuyersguide.com
Our research shows that Stewart Title is active in most regions of
Mexico. You may wish to explore whether additional "name" title
insurance companies are active in the areas where you might make a real
estate purchase. The process followed by major title companies is
very similar to how these companies operate in the United States.
Should you choose to have title insurance on the property you
purchase in Mexico you will need to provide the deed -- called the
"escritura" -- to the property along with a certificate of no liens to
the title company. A full title search will be performed on the
property and a title commitment issued. The title commitment will show
the items that will need to be addressed in order to actually secure
title insurance.
In Mexico, title insurance is issued after the closing.
Specifically, the necessary documentation required to be included in the
title policy does not occur until after the closing has taken place
and the deed is recorded. However, coverage typically occurs at the
time of payment of the premium, as long as the initial commitment
letter has been issued and any outstanding issues have been resolved.
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