Buyer Glossary

Puerto Escondido Real Estate Terms, In Plain English

A quick reference for the words that appear in local listings, notary conversations, and buyer due diligence.

Fideicomiso

A bank trust commonly used by foreign buyers for restricted-zone coastal property in Mexico.

Escritura

The public deed recorded through a notary. Buyers usually want a clean escritura trail before closing.

Predial

Municipal property tax. Paid predial receipts are a basic due-diligence item.

Ejido

Communal agrarian land. It can be risky for ordinary buyers unless the rights and conversion path are very clear.

Notario

A Mexican notary public with legal authority over the transaction and deed process.

Cesión de derechos

A transfer of rights rather than a normal titled sale. Ask a local attorney what is actually being transferred.

Gravamen

A lien or encumbrance that should be checked before closing.

Avalúo

An appraisal or valuation used in parts of the closing and tax process.

Registro Público

The public registry where ownership and liens are checked and recorded.