Property Encroachment

Posted by MexLaw

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

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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

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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....

22 March

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Timeshares: If it sounds too good to be true…

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

Maybe you met the incredibly persuasive timeshare salespeople at the airport when you landed in Cancun. Or, perhaps you signed up for the timeshare talk just to get some free drinks or an excursion. Whatever the circumstances, during your meeting with the incredibly friendly and outgoing timeshare salesperson, you looked out over the incredible resort with the blue skies overhead and the turquoise Caribbean lapping at white sands, and just knew, you want this opportunity! ...

20 February

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Can Foreigners Buy Property in Mexico? Bank Trusts vs. Corporations

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

A common question asked of real estate agents is “Can foreigners purchase property in Mexico?” The simple answer is absolutely! Not only is it possible, but it is also quite popular, especially in tourist destinations like the Riviera Maya, Puerto Vallarta, Riviera Nayarit, and Baja California....