Listings & Due Diligence [Closing Team]

🔹 Seller Resale Process:

• Create digital and physical files upon listing.

• Collect essential documents: deed with boleta registral, CFDI (if deeded after 2014), IDs, marriage certificate, proof of address, and tax documents (RFC, Constancia de Situación Fiscal).

• Estimate Capital Gains Tax by sending the full deed, expected price, and required personal/tax documents to the closing attorney.

• Begin due diligence: gather condo documents (bylaws, HOA minutes, budget), inventory, and rental history.

• Coordinate escrow and closing: collect buyer/seller documents, confirm presence at closing, and manage required notary forms.

🔹 Listing Requirements (PROFECO Contract):

• Confirm property-specific documents (varies for condos, homes, land, and businesses).

• Must have accurate and current CFDI, deed, predial, and condo regime (if applicable).

• Additional requirements if the seller is a company or if the property has solar panels.

🔹 Admin Duties:

• Seller Resale:

  • Admin confirms CFDI and documentation, coordinates due diligence, and gets the listing agreement signed.

  • Admin does not upload listings to FLEX or visit the property.

• Buyer Resale:

  • Admin supports due diligence, inspection scheduling, escrow setup, and collection of buyer documents.

  • Admin does not write contracts or offer post-closing support.

• Buyer Pre-Construction:

  • Focus is on payments, scanning documents, contract coordination, and file setup.

  • No involvement in contract reviews, construction visits, or issue resolution.

🔹 Buyer Resale – Step-by-Step Process:

1. Receive executed OTP and open escrow file.

2. Request closing cost estimate and perform due diligence.

3. Coordinate property inspection and escrow contract execution.

4. Collect funds and send to escrow; deliver file to closing team.

5. Gather buyer documents for notary and finalize closing logistics.

6. Assist with utility transfers and prepare owner welcome materials.

🔹 Capital Gains Tax (CGT) Overview:

• Exemption is possible once every 3 years for Mexican nationals or residents with correct documentation.

• Requirements include: current Constancia de Situación Fiscal, 6 months of utility bills with correct RFC and address, and valid RFC.

• Only one seller in a married couple may claim exemption (with apostilled marriage certificate).