{"id":3046,"date":"2011-02-23T00:12:37","date_gmt":"2011-02-23T06:12:37","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=3046"},"modified":"2011-07-01T09:43:15","modified_gmt":"2011-07-01T15:43:15","slug":"what-makes-a-mexico-real-estate-contract-legal-and-binding","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2011\/02\/what-makes-a-mexico-real-estate-contract-legal-and-binding\/","title":{"rendered":"What makes a Mexico real estate contract legal and binding?"},"content":{"rendered":"

An Agreement is defined by Mexican Legislation and the Mexico law<\/a> 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:<\/p>\n

\"\"Existence Items.-<\/strong> These are the most primitive and essential elements which any legal Mexico real estate<\/a> contract or agreement must be provided with: a) Consensus.-<\/strong> The express or tacit will of\u00c2\u00a0 the parties to execute an agreement; b) Object.-<\/strong> The agreement\u00e2\u20ac\u2122s goal must be determined or determinable from a physical and legal point of view (i.e. transmission of rights and obligations, to grant, to refrain from doing, to do).<\/p>\n

Validation Elements.- <\/strong>These items must be considered in order for the Agreement or Contract not to be affected by partial or total nullification: a) Capability.-<\/strong> Attribution that an individual or entity has, which allows him\/it to be responsible from the legal acts performed (exercise capability and inherent capability). I.E. A child has inherent capability but no exercise capability, ergo, is not allowed to sign and\/or execute any contract or agreement. B) Form.-<\/strong> The shape of the contract, it\u00e2\u20ac\u2122s wording, syntaxis and semantics. c) Lack of vice.-<\/strong> The contract or agreement must not be subject to bad faith, violence, duress or injury. d) Legality.-<\/strong> The contract or agreement must be executed accordingly to the enforceable Mexico laws<\/a> and will never be performed against public order or good customs.<\/p>\n

Existence items must be present in order for the agreement to produce any legal effect whatsoever, and validation elements must be closely observed, otherwise a party could have a legal recourse to challenge the efficiency of the contract through court.<\/p>\n

Juancarlos Pelaez <\/strong>has been helping non-Mexicans with their real estate contracts and activities for over 10 years in the Yucatan Peninsula region. A graduate from the prestigious Mexican University of Monterrey Technologico and a Masters Degree from Madrid Spain, JuanCarlos has ample knowledge in the regional laws and obstacles that most Americans and Canadians experience. You can contact him at <\/em>(512) 879-6546<\/span><\/strong> or through the company’s web site<\/em> www.TOP<\/span>mexicorealestate.com<\/a> NETWORK
\n<\/strong>
\n“Mexico\u00e2\u20ac\u2122s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely<\/strong><\/span><\/span>!\u00e2\u20ac\u009d<\/strong><\/span><\/span><\/span><\/em><\/span><\/span><\/span><\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[742,78,77,281,79,301,305,752,13],"tags":[755,90],"class_list":{"0":"post-3046","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bb-kits","7":"category-how-to-buy-property-in-mexico","8":"category-how-to-buy-real-estate-in-mexico","9":"category-mexico-lawyers","10":"category-mexico-property-tips","11":"category-mexico-purchasing-process","12":"category-mexico-real-estate-contracts","13":"category-mexico-real-estate-contracts-bb-kits-2","14":"category-mexico-real-estate-tips","15":"tag-mexico-laws","16":"tag-mexico-lawyer","17":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=3046"}],"version-history":[{"count":5,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3046\/revisions"}],"predecessor-version":[{"id":3698,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/3046\/revisions\/3698"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=3046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=3046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=3046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}