Your Escrow Provider in Playa del Carmen
Playa del carmen is one of the most popular tourist destinations in Mexico. You can find a wide range of real estate properties in the Riviera Maya, from condos to luxury homes. There are many benefits to buying property in Playa del Carmen, but there are also some risks that you need to be aware of.
Ushombi has partnered with Sekura Law in Playa del Carmen because we feel it is necessary to partner with amazing service providers and present their capabilities to you so you can benefit from them and save time in your search for quality service providers.
Today we are going to dive into Sekura Law’s ability to provide escrow services for you anywhere in the Riviera Maya, along with other services they offer as one of Playa del Carmen’s best real estate law firms.
Sekura Law began as a family law firm in Mexico City about 30 years ago and has expanded to Playa del Carmen.
Escrow In Playa del Carmen
Escrow services are a great way to protect your interests when purchasing a home, whether it’s in Playa del Carmen or not. Escrow services provide protection for the buyer by making sure that all funds are accounted for and that the seller is following through on their end of the deal. The escrow company is acting as the “escrow” between both parties in order to ensure everything goes smoothly.
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Homebuyers have a lot of things to consider when they start looking for their next house. It’s important to know what you want and how much you are willing to spend.
In Playa del Carmen, the Riviera Maya, and Mexico as a whole, there are a number of options available for buyers.
According to Sekura Law’s website: “The seller has the security that the purchase price is held by a third impartial party (escrow agent) and the buyer has the peace of mind that the funds will be disbursed until the “escritura publica” is executed. SekuraLaw works with a legitimate impartial third party, the company is known as Armour Secure.”
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If you want to buy a vacation home in Playa del Carmen, then it is best to use an escrow service because it is not the same as buying property in your home country. Buying a property abroad can be a risky endeavor. The currency, property laws, and even the real estate agent might be unfamiliar to you. For this reason, it is important to use an escrow service when buying property in a foreign country
Sekura Law offers escrow service to provide you, the potential buyer peace of mind when it comes to purchasing that dream home you have worked so hard for.
Buying a home in Mexico is an exciting process that can be really stressful. Escrow is the way to go if you want to avoid any potential issues and get the best deal.
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Escrow services are a great way to avoid any potential pitfalls and get the best deal when buying property in Mexico.
Closing Services
On top of providing escrow services, Sekura Law also provides Closing Services. So what do Closing Services consist of? Let’s take a look.
- Due Diligence: An attorney visits the public registry of the State to investigate the property to find the proper legal status.
- Promissory Agreement: The contract is thoroughly examined by Sekura Law to ensure that it is a proper contact and contains the correct clauses, etc..
- Formation of the Trust: Sekura Law will coordinate everything with the bank to create a trust so your property can acquired.
- Property Title (Deed): This step involves a public notary. All parties will be present when the title is signed. In Mexico it is known as “Escritura Pública”.
- Recorded Title: You will receive a certified copy of the title from Sekura Law after the signing. In about 2 months time after the signing the original title will be recorded in the public registry with a corresponding “Boleta de Registro”.
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Corporate Services
- Forming a Mexican Corporation: Sekura Law will create all contracts, meeting and everything else that is needed to form a corporation between all shareholders.
- Contracts: Sekura Law is very experienced when it comes to creating contracts for corporate law. They can create a Purchase and Sale Agreement of Shares contract, Joint Venture Agreement, NDS’s and more.
- Copyright/Trademark: Sekura Law understands that everything you create, a design or patent, are very important to you. Sekura Law can assist you with the registration of your creation with the correct Mexican authorities.
- Power of Attorney: Sekura Law can create and coordinate a power of attorney for you in Mexico or any other country with tracking services in order to make sure that the document is used correctly.
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Immigration Services
When it comes to Immigration Services Sekura Law has you covered. They can help you with filing for your temporary residence permit, naturalization through marriage, customs services, a temporary import vehicle permit, household goods importation and more.
While you are here, make sure you check out another great blog we have put together for you on How To Purchase Property In The Riviera Maya. In this blog you can learn what is needed to secure that dream home you have always wanted. We have also put together a ‘Resources’ section for you so you can reach out to real estate lawyers, lenders and custom home builders no matter what country you are in.
Always, if you have any questions about purchasing Caribbean real estate, or if you don’t even know where to start then feel free to reach out to us. We are always willing to lend a helping hand and provide you with the information that you need to make the best decision when it comes to investing in a property in the Caribbean.
You can always get a hold of us here on our Contact page. We really hope you enjoyed this blog and got some value out of it.
