Fideicomitente (Trustor/Settlor)fee-day-ee-koh-mee-TEN-tay
The fideicomitente is the party who establishes a fideicomiso (bank trust) and transfers property or rights to the fiduciario (trustee bank) for a lawful, determined purpose, as defined in Article 381 of the Ley General de Títulos y Operaciones de Crédito.
By Daniel Ortega · Last reviewed 11 November 2026
How it works
In a typical coastal real estate transaction in Quintana Roo, the seller acts as the fideicomitente when conveying title to a foreign buyer. At closing before the notario, the seller (as fideicomitente) transfers the escritura into the bank trust, the fiduciario (an authorized Mexican bank) holds legal title, and the buyer becomes the fideicomisario (beneficiary) with all use, possession and economic rights. The fideicomitente must have legal capacity to dispose of the property. Once the transfer is complete and the escritura is registered at the Registro Público de la Propiedad (typically within 30 to 60 days), the seller's role as fideicomitente ends. The buyer, as fideicomisario, may later act as fideicomitente to transfer the property to a new buyer or beneficiary.