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| Title Insurance in Mexico |
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| If you want to live in
Paradise |
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When you buy
real estate in Mexico, you would do well to consider taking out Title Insurance
on the property. Title Insurance covers you should the property you buy
subsequently turn out to have liens associated with it. This especially
relevant if the property you are buying has been privatized, having previously
been classified as being "Ejido" lands (see below), but even if
this is not the case, Title Insurance will protect you if any other previously
unforeseen lien or charge is brought against the property before you took
possession of the Title Deed. Rates for Title Insurance are around US$5-US$5.50
per US$1,000 of the property's value; pay-able once only at the point of
purchase.
A good Real Estate Agent in Mexico will be able to advise you further
about Title Insurance.
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