Requirements
Guarantor Requirements for Renting in Mexico City
An individual or company that backs the lease with real estate.
When the guarantee for the contract is a guarantor with real estate, in addition to reviewing the person, the property offered as collateral is also analyzed.
From the property (in both cases)
- Property deed stamped as registered with the Public Registry of Property, free of liens, or a mortgage cancellation deed.
- Property tax (predial) bill and proof of payment for the property offered as collateral.
- Proof of address for the property offered as collateral.
The property must be free of liens, have a reasonable value in proportion to the rent, and be located where its enforcement is legally viable, all of which is validated during the background check.
If the guarantor is an individual
- Valid official ID; if a foreign national, a copy of their immigration document.
- Current proof of address.
- Up-to-date Tax Status Certificate (Constancia de Situación Fiscal).
- Marriage certificate. If married under community property (sociedad conyugal), the spouse also signs the contract. If widowed, a copy of the will or of the probate court ruling.
- Legal lease policy (póliza jurídica) application form.
If the guarantor is a company
- Articles of incorporation.
- Notarized power of attorney for the legal representative.
- Legal representative's ID; if a foreign national, a copy of their immigration document.
- Proof of address for the company.
- Tax Status Certificate (Constancia de Situación Fiscal).
- Legal lease policy application form.
Note: the policy includes the review of the lien-free certificate; you may also provide it yourself, as long as it is no more than one month old.
To understand when a guarantor is the right choice and when a co-signer is, read Aval, guarantor or co-signer: what is the difference?