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MT receives the following documents from the seller and the buyer:
a) Documents on the property and peforms a preliminary legal analysis.
b) Documents from the buyer (ID’s) MT delivers a document wit the info on the closing process. |
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MT on behalf of the trustee files for the permit before the Ministry of Foreing Affairs. |
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MT on behalf of the trustee receive the permit of the Ministry of Foreing Affairs. |
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Trust Bank will iprepare the final documentation to be signed by the buyer including the disbursement instruction and liquidation statement. |
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Trust Bank will instruct the Public Notary to proceed with the elaboration of the deed and to set a closing date. |
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In this phase, MT sends the documentation to the Public Notary and coordinates with him the remaining steps prior to the closing. |
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The client will wire the money to an Escrow prior the closing date |
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Closing meeting take place, all parties will sign the deed |
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Upon notification from Public Notary to the Trust Bank that all parties have signed, Trust Bank will disburse funds |
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