• HOME
  • ABOUT US
  • SERVICES
    • Closing Services
    • Corporate Services
    • Escrow Services
    • Immigration Services
  • FAQS
  • TESTIMONIALS
  • BLOG
  • CONTACT US

Call us +52 984 688 2294

SEKURALAW  LAW FIRMSEKURALAW  LAW FIRM
SEKURALAW  LAW FIRMSEKURALAW  LAW FIRM
  • HOME
  • ABOUT US
  • SERVICES
    • Closing Services
    • Corporate Services
    • Escrow Services
    • Immigration Services
  • FAQS
  • TESTIMONIALS
  • BLOG
  • CONTACT US
PROMISSORY AGREEMENT  By Margarita Sanchez

PROMISSORY AGREEMENT By Margarita Sanchez

junio 29, 2020

The promissory agreement is the legal document to formalize the real estate transaction.

Each promise of both parties represents the commitment to execute a purchase and sale agreement in a Public Deed in the future. It contains the main object of the agreement where the parties establish the terms and conditions of the real estate transaction.

The most important requirements of this agreement are the names of the seller and buyer, the precise description of the property, the price of the property including the way it will be paid (for example: payments, where and when the amounts will be deposited), the penalties in case of non-compliance of each party and finally the date of the execution of the Public Deed and the date of the delivery of the physical possession of the property. These requirements are essential to properly fulfill the promise agreement.

Share
0

You also might be interested in

Fideicomiso Mexican Trust by Eduardo Beauregard

Fideicomiso Mexican Trust by Eduardo Beauregard

Jun 16, 2020

The history tells us that this legal entity started being used to prevent the foreigners from getting control over the mexican territories in big portions of land will the purpose of preventing them to control the maritime trade and control over the borders.

Power of Attorney by Julieta Canche

Power of Attorney by Julieta Canche

Ago 26, 2020

A power of attorney is a legal document that by[...]

Attorney Trust Account & Sworn Translation Services by Malena van der Voort

Attorney Trust Account & Sworn Translation Services by Malena van der Voort

Ene 3, 2021

Attorney Trust Account & Sworn Translation Services   The SekuraLaw[...]

Contact Us

Send us an email and ask wich of these services are the best for you: Closing, Corporate, Immigration, Escrow

Send Message

© 2022 · SEKURALAW LAW FIRM.

  • AVISO DE PRIVACIDAD
Prev Next
  • →
  • Phone
  • SEKURA LAW 77717 Carretera federal 307 manzana 329 lote 9. Edificio Terramar 2do piso oficina 45 y 46, El Tigrillo, 77717 Playa del Carmen, Q.R.