When the purchase price is financed, there are typically three options for selecting the notary or attorney to handle the title transfer: either the buyer’s or the seller’s attorney becomes the notary, or both parties may act jointly as co-notarios.
If the seller is financing a large portion of the purchase price and a mortgage is involved, the seller may request that their own notary or attorney draft the transfer deed. This ensures that both parties are protected during the transaction and that the financing terms are clearly outlined in the deed.