Doing Business 2020
Mexico
7 The Notary lodges the preventive notice (aviso preventivo) at the Public Registry of
Property of Ciudad de Mexico
Agency : Public Registry of Property of Mexico City ("Registro Público de la Propiedad y del
Comercio de la Ciudad de México")
According to Article 3016 of the Civil Code of Mexico DF establishes that the Notary has to give a
preventive notice to the Public Registry of Property during the next 48 hours after the public deed
has been signed by both parties of the transaction. In practice, the Notary will fill up a specific form
for the "aviso preventivo" and lodge it to the Registry the next day after the signature (sometimes
even during the same say of the signature). This notice suspends any possible inscription to the
property object of the transaction up to 30 days. 1 day No Cost
8 Registration of the transfer of title at the Public Registry of Property of Ciudad de Mexico
Agency : Public Registry of Property of Ciudad de Mexico ("Registro Público de la Propiedad y del
Comercio de la Ciudad de México")
The notary public will proceed with the registration of the first testimony of the public deed
containing the formalization of the purchase agreement of a real estate and the transfer of title,
before the Public Registry of Property of the Federal District. After registration, the buyer will have
to give notice to the corresponding water department, and any other company that provides any
service to the property (i.e. electric company, water, etc.) 30 days MXN 18,407; (MXN
18,407.00 (Article 196 ‘I’ of
the Fiscal Code).)
Takes place simultaneously with previous procedure.
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