Postnups Agreement – Part 2

Posted by Mexlaw

In Mexico, the term "postnup" refers to a postnuptial agreement or marital agreement entered into after marriage to establish terms and conditions related to assets and other legal aspects in the event of divorce or separation. Although postnups are not specifically regulated in Mexican legislation, it is possible to enter into and recognize them in the country. Here are some general requirements and considerations for postnups in Mexico: Voluntary agreement: Both parties must voluntarily agree to enter into a postnup and be in agreement with its terms and conditions....

30 June

0 Comments

Sticky

Prenups and Postnups Agreement – Part 1

Posted by Mexlaw

in MexLaw

Prenups: A prenuptial agreement is a contract written prior to a marriage that defines terms of divorce to foresee a positive outcome for both spouses in the event of a dissolution. A postnuptial agreement is a simple prenuptial but written after a marriage is performed. In Mexico, it is possible to recognize and enforce foreign prenuptial agreements, as long as they comply with certain requirements. Here is a summary of the types and requirements for foreign prenuptial agreements in Mexico: They are marital agreements executed before a Notary public or the competent official of the Civil Registry in the country of origin. These civil...

29 May

0 Comments

Sticky

Property Encroachment

Posted by MexLaw

in MexLaw, Real Estate

According to the National Institute of Statistics and Geography (INEGI), abandoned or empty homes in Mexico total 6,150,000, which has increased over the last decade. The reason for the increase varies, including the rising number of vacation or second homes purchased by Mexicans and foreign nationals who don’t use the properties often or are waiting to develop the properties. Abandoning or leaving a home empty can leave the property at risk of property encroachment....

28 April

0 Comments

Sticky

Condo Owners in Mexico & Common Legal Questions

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

Each year, Mexlaw receives substantial inquiries from condominium owners regarding problems arising from conflicts with condominium administrators. Many of the challenges experienced by condominium buyers could have been avoided if they were armed with more information regarding Condominium laws in Mexico....

24 March

0 Comments

Sticky

More Reasons to Buy Mexican Real Estate

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

As though you needed more reasons to buy Mexican real estate. Most buyers consider a change of lifestyle or warm weather, white sandy beaches and turquoise waters, and friendly, hospitable locals as the principal reasons to buy Mexican real estate. Here’s another one: substantial increase in the resale value of property....