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Juancarlos Pelaez

What makes a Mexico real estate contract legal and binding?

February 23, 2011 BB Kits

An Agreement is defined by Mexican Legislation and the Mexico law as a voluntary pact to create, transfer, modify and/or extinguish rights or obligations; furthermore The Federal Mexican Civil Code and legal doctrine establishes that an agreement is binding when the following elements are met:
Existence Items.- These are the most primitive and essential elements which [...]

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What different contracts are involved in a Mexico Real Estate transaction?

February 16, 2011 BB Kits

Within Mexican Legislation, there are several Mexico real estate contracts related to the transaction; the most common agreements are oriented to purchase, sell, lease and encumber properties, whether these are preconstruction projects or finished residences.

The Sale-Purchase Agreement is a common civil agreement, by which the Seller transfers a property to the Purchaser, and the latter [...]

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