It is condo assembly season for most expats with a condo in Mexico. In this article we would give you three important legal tips for condo assemblies in Quintana Roo. Tip 1 is about properly setting condo fees. Tip 2 is about avoiding the Statutes of Limitations. And Tip 3 is about...
You need a lawyer because real estate agents are not legal experts trained to assess litigation risks, land claims and communal land disputes. You need an independent lawyer because a lawyer referred by the real estate agent might be more interested in closing the deal than in preventing you from buying a problem.
In Mexico, three main figures can be used to protect heritage: 1) the constitution of a family estate; 2) the donation of property to minors sons and daughters; and 3) the creation of a trust.
Generally speaking, yes! Civil legislation in Mexico considers this type of circumstance “Force Majeure”. Force Majeure may also prevent defaults from being considered an “intentionally wrongful act”.