Doing Business 2020
Mexico
Figure – Registering Property in Mexico City and comparator economies – Measure of Quality
20
18
16
14
12
10
8
6
4
2
0
16.0
17.6
16.5
16.3
17.5
14.0
12.0
Mexico
City
Brazil
Chile
Colombia
United
States
Monterrey
Latin
America
&
Caribbean
Details – Registering Property in Mexico City – Procedure, Time and Cost
No.
1
Procedures
The notary obtains a non-encumbrance certificate
Agency : Public Registry of Property of Ciudad de Mexico ("Registro Público de la Propiedad y del
Comercio de la Ciudad de México")
Pursuant to article 3016 of the Civil Code for the Federal District, the notary before whom the
transfer deed is being formalized must request a non-encumbrance certificate to the Public
Registry. This request also acts as the mandatory pre-preventive notice (aviso preventivo) to the
Public Registry, which suspends any inscription on the corresponding property for 60 days.
Time to Complete
7 days
Associated Costs
MXN 623; (MXN 623.00
(Regular - 7 days) MXN
1,246.00 (Urgent - 1-2
days) (Article 198 I(a) of
the Fiscal Code).)
The applicant must submit before the Public Registry of Property and Commerce the following
documentation:
- Application for request in triplicate, including the name and signature of the of the applicant, term
of the certificate, location of the property and real estate folio.
- Proof of payment of fees established in article 198, section I of the Fiscal Code of Mexico City in
duplicate.
- The application for request may also be made online, as well as the payment of fees.
This procedure can be done online at the following website:
http://data.consejeria.cdmx.gob.mx/index.php/dgrppyc/certificado-de-existencia-o-inexistencia-de-
gravamenes
2
The notary requests a commercial valuation of the property
Agency : Licensed valuer
A commercial valuation is required under the Fiscal Code of the Federal District to determine the
taxable value of the property subject to transfer. Article 116 of the Fiscal Code of the Federal
District establishes that the property tax shall be calculated taking in to account the highest of (i)
the purchase price, (ii) the cadastral value, and (iii) the value resulting from the commercial
valuation by the fiscal authorities or authorized appraiser.
7 days
MXN 18,171.63; (0.2% of
the Property Value)
The notaries usually have their own appraisers. Nevertheless, the parties may hire the appraiser
they choose. When banks are involved in the transaction, they will usually bring in the valuers they
usually work with. Sometimes parties have a previous valuation, and the notary can have it
reviewed to see if it suffices. However, these previous valuations are usually not fiscal ones and
therefore another one has to be done to determine the value of the property for the ISAI tax, but
also for the VAT tax to which commercial constructions are subject to when transferred (please
note that the land is not taxable under VAT, just the commercial constructions).
3
The notary obtains the Zoning Certificate of the property
Agency : Ministry of Housing and Urban Development of Ciudad de Mexico (Secretaría de
Desarrollo Urbano y Vivienda de la Ciudad de Mexico or SEDUVI)
The Public Registry of Property and Commerce requires a zoning certificate of the property to be
attached together with the application to register the property transfer. The notary shall request the
zoning certificate at the Ministry of Urban Development and Housing (Secretaría de Desarrollo
Urbano y Vivienda). The cost is established in article 235, section III of the Fiscal Code for the
Federal District.
6 days
MXN 1,542; (MXN
1542.00 (Article 235 III(a)
of the Fiscal Code))
The applicant must submit an original and copy, the documents below with the corresponding
delegation’s single-counter service. The authority will retain only the copies.
- Form TSEDUVICGDAU_CNZD_1.
- Proof of payment of property taxes to date.
- Proof of payment of fees.
- Official identification.
- Relotificaton or subdivision license, if applicable.
- Street number designation and boundary alignment certificate (certificado de alineamiento y
número oficial), if applicable.
- Public deeds, if applicable.
- Copy of the cadastre appraisal.
- If the procedure is not carried out by the owner of the property, it must also submit a proxy letter
or a notarized power of attorney.
- Companies should submit the incorporation act, power of attorney and official ID of the legal
representative or proxy.
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