Check the deeds of the property
The deeds are of great importance, because without them, you cannot prove the ownership of the property.
The notary public is in charge of checking that the deeds that you are going to receive when you buy a house are in order. Helps you to process the new deeds already having you as the new owner.
Validate the documents for the granting of mortgages
If you are going to buy the property through a mortgage loan, the notary public will help you validate the documents that are needed, both from the financial institution and from you.
He will carefully review the contracts and the appraisal of the property. He will also be able to clarify the legal terms related to the debt you will be acquiring through the mortgage.
Register the property with the Public Registry of Property.
The real estate transaction is not completely legalized until the property is registered in the Public Registry of Property. This activity is the one that formalizes the closing of a purchase and sale process.
The notary public knows the requirements that must be fulfilled to successfully register the property and will take care of it. Also, he will help you calculate the taxes that you must now pay as the owner so that everything is in order also in fiscal matters.
As you can see, the role of a notary public is essential and of great importance in the process of buying and selling a property.
Looking for notaries in Puerto Vallarta? At Govacasa you will find them
Govacasa is an integral developer that also offers notary public services.
We are the most complete developer group in the area of Puerto Vallarta and Riviera Nayarit, and we accompany you in every step of the process so that you can acquire your home.
Get in contact with us.
Our real estate consultants will be happy to answer all your questions and show you the wide range of properties we have available.