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In
Mexico, the ONLY authority permitted to draft a deed transferring real
property or an interest in real property (such as the fideicomiso) is
the Mexican Notary Public. This person is different from a Notary Public
in the United States where a simple exam, bond, and a rubber stamp can
make a Notary Public out of most people. Nor it is similar to Canada's
Notary Public who must meet a few more stringent requirements to qualify.
Not so many, however as the Mexican Notary.
The Notary Public in Mexico must be an attorney, must
have a minimum of five years of practical experience in the profession,
must pass a highly technical examination AND then be appointed as a
Notary Public by the Governor of the state in which he or she is
working. The number of Notaries Public depends upon the number of people
in the state. A new Notary is appointed only as the population grows
above a certain size. The Mexican Notary Public has many duties, but one
of the most important is the drafting of deeds for transfer of real
property. Anytime a signature is required on a deed of transfer it must
be made before the Mexican Notary Public.
As of now, foreigners buying and selling their rights in
property in the ´”restricted” zone, through fideicomiso rights, do not
always have to appear before the
Mexican Notary Public in order to
transfer their interest in the real estate. These transfers in many
cases may be made by having instructions signed in the buyer or seller's
place of residence and "legalized" or "authenticated" for use in Mexico.
This same process can be used for a power of attorney document in the
event buyer´s or seller’s signature is required.
And what is a "legalized" or "authenticated" document?
More Below...
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No
matter what the document, it must be signed before a Notary Public in
the place of residence; California, Arizona, Calgary, Vancouver.......or
wherever. Once signed before the Notary Public in the place of residence
it must be "legalized" or "authenticated" in order to be considered as
valid in Mexico. This means that a designated public official performs a
government act and certifies to the genuineness of the signature and the
seal, and the position of the official who has executed, issued or
certified a copy of a document.
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In 1981 the Convention Abolishing the Requirement of
Legalization for Foreign Public Documents entered into force in the
United States. Under the Convention, (signed in the Hague, Holland),
signatory countries, including both the United States and Mexico, but
not Canada, agreed to mutually recognize each other's "public documents"
so long as such documents are authenticated by an apostille, a form of
internationally recognized notarization. The apostille ensures that
public documents issued in one signatory country will be recognized as
valid in another signatory country.
Thus, if the document required for a Mexican transaction
has been notarized in the United States it must then be sent to the
nearest office of the Secretary of State and an "Apostille" obtained. A
search under state government in the yellow pages should reveal the
telephone and location of the closest office of the Secretary of State.
The document to be authenticated through an Apostille can probably be
sent through the mail and should not cost more than $25.00 U.S. dlls.
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Click here to visit

Linda Neil, Salvatierra 120 esq. con Madero,
La Paz, Baja California Sur, Mexico

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It is important to allow for extra time to accomplish
this step. Other countries that are signatories to the Hague Convention
are, to name a few; Germany, Argentina, Australia, Austria, Bahamas,
Spain, Israel, France, Greece and Norway.
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All countries which are not signatories to the Hague
Convention, such as Canada, must authenticate documents to be used in
Mexico by obtaining a "legalization" or ratification of their document
from the nearest Mexican Consulate. It maintains a list of authorized
Notaries with samples of their signatures and is able to ratify the
authenticity of the Notary’s signature.
Many people object to the time involved and the
additional step required to "authenticate" a signature for legal use in
Mexico. It is less expensive and less time consuming, however, than
making a special trip to Mexico in order to sign a document before a
Mexican Notary.
ABOUT THE AUTHOR:
Linda Neil is the founder of the Settlement Company™. It is the first
company in Mexico dedicated to counseling buyers and sellers and to supervising
the closings and registrations of real estate for non-Mexicans. The company
provides title investigations, due diligence and legal services for buyers
and sellers, as required, for properties and corporations holding real
estate located anywhere in Mexico.
For further information and references,
please contact Linda
Neil.
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