Real Estate Purchase & Sale Contract (Person to Corporation) | Mexico
Buy and sell real estate property in Mexico with this Real Estate Purchase & Sale Agreement Between Natural Person as Seller and Mexican Corporation as Buyer.
- Parties. The parties to the Agreement are (i) the individual(s) who are selling it and (ii) a corporation incorporated under Mexican law.
- Purchase Price. The purchase price is payable in US dollars. The buyer pays a 10% deposit at the time of signing the Purchase & Sale Agreement, with the balance due on closing.
- Breach of Contract. If the buyer rescinds due to a breach by the seller, the buyer is entitled to a penalty fee of 10% of the purchase price. If the seller terminates due to a breach by the buyer, the seller is entitled to keep the deposit as the penalty fee.
- Expenses. The buyer is responsible for paying all expenses relating to the transfer of the property, except for capital gains and value-added taxes.
This Mexico Real Estate Purchase & Sale Agreement Between Natural Person as Seller and Mexican Corporation as Buyer template is provided in MS Word format, and is fully editable to fit your circumstances. English-language version only at this time.
Real Estate Contract Between Natural Persons | Mexico
Sell real estate property in Mexico with this template Real Estate Purchase & Sale Agreement Between Natural Persons.
Who can use this real estate contract?
This Real Estate Purchase & Sale Agreement is written to be used by an individual selling a real estate property in Mexico to another individual, in accordance with Mexican laws.
Payment of Purchase Price
The buyer must pay a deposit of 10% of the purchase price at the time of signing the Agreement, with the balance due on closing.
Rescission Rights
If the buyer rescinds (cancels) the Agreement due to a breach by the seller, the buyer is entitled to a penalty fee of 10% of the purchase price. If the seller rescinds the Agreement due to a breach by the buyer, the seller is entitled to keep the deposit as the penalty fee.
Expenses and Costs
The buyer is responsible for paying all costs and expenses relating to the transfer of the property, except for capital gains and value-added taxes.
Format and Jurisdiction
This Real Estate Purchase & Sale Agreement template is provided in MS Word format and is fully editable to fit your circumstances. English-language version only at this time. It is intended to be used only for properties being bought and sold in Mexico.
