Property in México Tag

No, Mexican authorities are not as corrupt as thought. But if you a requested to pay for a bribe, we recommend you not to pay it and to contact an honest lawyer to get what you have the right to get, without exposing yourself to bribe punishments in Mexico or your country of origin.

Living in a condominium has various advantages, obligations and responsibilities. Being part of a Condominium property, the owners of the exclusive units have a singular and exclusive rights over their property, but regarding the common areas and elements, those rights turns to be of joint ownership. The common areas are necessary for the proper use and enjoyment of the condominium...

A relevant issue in a Condominium is the election of an Administrator, since in this role falls the responsibility of taking care of the income and expenses of the Condominium, as well as making the conditions of the different areas of the Condominium prevail the best possible, using for such his expertise and good performance of his work group.

A relevant issue in a Condominium is the election of an Administrator, since in this role falls the responsibility of taking care of the income and expenses of the Condominium, as well as making the conditions of the different areas of the Condominium prevail the best possible, using for such his expertise and good performance of his work group.

The owners of properties adjacent to the Federal Zone have the best right to obtain a concession above the rights of any other concession holder, but these rights need to be defended in court as the administrative authority uses the principle of first in time, first in right.

The condominium owners and property acquirers have the right to receive the property promised to them under the contracted terms and, in addition, to receive indemnification from damages when there are hidden defects or damages in the construction; but the term for claims of the latter is short (one year).

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.

The Federal Terrestrial Maritime Zone (Federal Zone) in Mexico is the 20-meter wide inland strip of walkable land, counted from the median of the low and high tide. It is not private property, and if you own the beach-front property adjacent to it, you need to get a Federal Zone concession.

Yes, to live in it, through a trust. To do business, by forming a Mexican Corporation. Trusts are the most common investment vehicle and every year thousands of new trusts with foreign trustees are issued. Here we will explain you all the details.

Yes, to live in it, through a trust. To do business, by forming a Mexican Corporation. Trusts are the most common investment vehicle and every year thousands of new trusts with foreign trustees are issued. Here we will explain you all the details.