Timeshares: If it sounds too good to be true…

Posted by MexLaw

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! ...

25 March

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Mexico’s Construction Sector Poised for Resurgence in 2024: Opportunities and Investments in Premium Real Estate Soar

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

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....

22 February

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Recommendations After Signing Title Deed (Bank Trust) – Ensuring a Smooth Transition to Your New Property in Mexico

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

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....

29 January

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Seizing Opportunities: Navigating Pre-Sale Real Estate in Mexico with Expert Guidance

Posted by MexLaw

in Legal Services, MexLaw, Real Estate

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. ...

01 October

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What is a General Assembly of Condominium Owners?

Posted by Mexlaw

in Corporation, MexLaw, Real Estate

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...