Owner Info for Closings
Complete only if a.) You have paid your full Purchase Price and b.) The construction of the Dwelling you purchased is 100% completed.
Owner Info
You can begin the closing processes only if a.) You have paid your full Purchase Price and b.) The construction of the home you purchased is 100% completed.
If you you are ready to close, please complete form (at right). We will use this information to prepare the legal documents in which you are acquired to sign in order for you to obtain your deed.
Closing Process
Below is a brief synopsis of the Closing Processes:
1. complete the Owner Info for Closing form.
2. Within several weeks following the completion of the form, we will email you the following documents for your signature:
The Limited Power of Attorney (allowing our Closing Officer to process your deed on your behalf).
The KYC Fideicomiso document in order to set up your bank trust.
3. Once you receive the documents above, you will be required to...
Sign and initial each document where required.
Fax all pages to (310) 421-0099 or email scans of all pages to closings@flora-farms.com.
The Mexican government are sticklers when it comes to document details. Your signature must match the signatures of your passports (100%) and all paperwork must be completed exactly as required. Once Flora receives your fax or scans, the documents will be reviewed to make absolutely sure all was completed and signed properly.
4. Once you have Flora's approval, please visit your local notary and notarize the following:
Copy of your passport (the page and opposite page of your photo)
Copy of your drivers license (the page and opposite page of your photo)
Power of Attorney
KYC (Know Your Client) Fideicomiso document.
5. Once the above documents have been notarized, send all documents to be Apostilled. The documents must be Appostilled and Notarized in the same state. Click here for a list of US State's Apostille Offices. If you live in another country, please contact your state, province or region for information on acquiring an Apostille.
6. When you receive your Apostilled documents, you will send them to us via FedEx, Priority USPS or UPS to: Flora Investments SA de CV, P.O. Box J253 511 E. San Ysidro Blvd., San Ysidro, CA 92173. Please allow a week or two for Flora to physically receive the documents in San Jose del Cabo, B.C.S. Mexico.
7. Once we have your documents in hand, Flora will confirm with you that they have received the documents and forward you an estimated total of your Closing Costs. You will be required to pay 75% of the estimated Closing Costs in order for Flora to begin the Closing Process.
The Closing Process will take between 90 and 180 days after the Closing Costs deposit is received and Flora has received all properly completed necessary documents.
On the day that the title is signed by all parties, your deed becomes officially and irrevocably transferred to you.
Immediately following the signing of the title, the Notary must record the newly transferred deed for public record. This process takes approximately 90 days after the Closing.
Once fully recorded in the local tax office and public registry, the Notary will prepare the final statements and submit a copy of the fully registered deed to your Closing Officer, who in turn will forward it to you.
The purchaser is financially responsible for any and all fees and expenses related to the above mentioned items, including but not limited to the sending, processing, re-sending and/or re-processing of new and/or additional documents required by the bank or government in regards to the Closing Process.