
Laguna Shores Resort Shortens Time to Receive Titles
November 10, 2018
Laguna Shores Resort Shortens Time to Receive Titles
In an effort to significantly improve the service to each new client and current owners waiting to finish gaining title on their properties, Laguna Shores Resort has cancelled the master trust held by Bancomer and placed all properties in the Mexican corporation, Inmobiliaria Grupo Laguna Shores S de RL de CV.
During the process of cancelling the Master Bank Trust, Laguna Shores Resort was unable to transfer titles. The process took almost 2 years and cost the company a significant investment. All Laguna Shores properties that were held in the Master Trust are now held in the Mexican Corporation, registered in the public registry.
Now owners that hold ownership through private contracts with Laguna Shores can quickly gain title though Deeds, Individual Bank Trust or Mexican Corporations.
They would like to thank each owner that purchased property with them while they were cancelling the Bank Trust - having faith that they would get it done especially while time dragged on with numerous delays. They are now reaching out to current owners to start their title processing.
Improving the title process is one of the number of initiatives Laguna Shores Resort is completing to improve services to owners (and their guests). Among some of the others are:
- The opening of the new gate at Laguna Shores.
- The addition of a convenience store opening this month also located at the entrance to the resort.
- From December through February they will be doubling the size of the resort restaurant.
- Adding to the amenities building, which currently houses the Spa, Gym, Sunset Terrace and game room.
As they continue to welcome new owners in both the part time and full-time real estate properties they are adding infrastructure to support the growth.
Rocky Point Times, R. P. (2018, September 1). Laguna Shores Resort Shortens Time to Get Titles. Rocky Point Times [Puerto Peñasco], p. 48.
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