In 2023, formal housing construction witnessed a notable slowdown, marked by significant minimal figures. The industry grappled with several challenges, including escalating construction and financing costs due to high interest rates, alongside regulatory hurdles and dwindling sales due to diminished purchasing power....
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Congratulations! You have officially become the proud owner of a property in Mexico, and it's time to bask in the beautiful weather, breathtaking views, and amenities that come with your new residence....
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You've made the exciting decision to invest in property in Mexico. With the luxury of time and no immediate rush to move in, you're keen on seizing a golden opportunity through a pre-sale transaction. Let's delve into what constitutes a pre-sale. ...
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The law establishes the General Assembly of Condominium Owners as the supreme administrative body that will govern the organization and social functioning of the Condominium Property Regime. A General Assembly is necessary for a condominium to carry out its administration responsibilities and to generate a healthy coexistence among the owners through orderly and regulated voting. The General Assembly must be governed by a public deed that stipulates the organization and administration of the condominium, in addition to designating a person in charge of carrying out these tasks. These are normally carried out in either ordinary or extraordinary assemblies. Ordinary assemblies must be...
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Intestate property refers to real estate lacking a legal owner, requiring a succession process to establish rightful ownership before any claims or sales can be made. This procedure aims to identify the new property owner and grant them the authority to manage the property as they see fit....
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