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.- … [Read more...] about What makes a Mexico real estate contract legal and binding?
Mexico Real Estate Contracts
What to WATCH OUT for in a Mexico Real Estate Contract when Purchasing Mexican Properties; Tips from a Panel of Experts
For your Mexico Real Estate purchase, the promissory contract is a legal document of very high importance. When negotiating this contract, it is important to make sure the contract includes all the elements that make it legal, that it includes conditions in your favour, and that it does not include conditions which … [Read more...] about What to WATCH OUT for in a Mexico Real Estate Contract when Purchasing Mexican Properties; Tips from a Panel of Experts
Top 5 Most Common Mistakes Made By Non-Mexicans When Buying Property In Mexico
Mexico Real Estate offers many great opportunities. However, because of the fact that laws and processes are different here in Mexico, many non-Mexican buyers make costly errors because they don't take the time find the information they need first. In some cases when buying Mexico homes, the new buyers even make … [Read more...] about Top 5 Most Common Mistakes Made By Non-Mexicans When Buying Property In Mexico
How To Buy Real Estate in Mexico…Safely!
Buying Mexico Real Estate can be an exciting experience, and one of the most important decisions you will make. For this reason it is very important to know the ins and outs of buying real estate in Mexico, being familiar with the laws and the processes. A key factor to consider is that in Mexico, the law does not … [Read more...] about How To Buy Real Estate in Mexico…Safely!
Purchasing Your Mexico Dream Home; Condo Regime Part 6
Mexico Condominium Regime; Investigate the Status A word of caution for those who are considering the purchase of a Mexico condominium or a lot in a subdivision Just as in other countries, the unit, or lot must be legally described and an individual property tax number issued This individual property must be … [Read more...] about Purchasing Your Mexico Dream Home; Condo Regime Part 6
Yucatan Real Estate Expert; Mitch Keenan
Yucat n has been the attention of many international real estate investor in recent years With the many Haciendas, the old colonial architecture, and the increasing amounts of non-Mexican buyers, where can people begin their process into buying property here in paradise We asked Mitch Keenan, a Yucatan Real Estate … [Read more...] about Yucatan Real Estate Expert; Mitch Keenan
How Secure Is Your Mexico Real Estate Investment
All too often citizens of the United States, Canada and other countries ASSUME that property purchases are carried out automatically in Mexico in a manner similar to that of their native countries The first law of property purchase in Mexico is DON`T ASSUME anything! Purchasing property is NOT the same as in other … [Read more...] about How Secure Is Your Mexico Real Estate Investment
MEXICO BANK TRUSTS: TIPS TO REVIEW
There are several articles about the Mexico Bank Trust "Fideicomiso" and how Mexican foreigners can acquire Mexican oceanfront real estateMy post below is an attempt to explain some of these TIPS ON ITEMS TO REVIEW IN YOUR MEXICO BANK TRUST. MEXICO REAL ESTATE BANK TRUST If you are unfamiliar with the Mexican … [Read more...] about MEXICO BANK TRUSTS: TIPS TO REVIEW