As a real estate attorney for more than 20 years with practice in the Baja area, the market has been at its top in decades. Very low inventory and very high activity. This may be the result of attractive location, low cost living, housing prices, inflation and real estate overpriced in California, among other [...]

Decalogue means “Ten Commandments”, however, in this context, I see it more like a combination of a poem, principles and a set of simple rules and principles on how to practice the Lawyer’s profession. If as Lawyers, we don’t relate to these principles, perhaps we should do something else. Decalogue of the lawyer Study: “The [...]

Is there an inheritance tax in Mexico? No, there is not. Although there has been attempts by the congress to pass a law establishing such taxes. How can I leave a will in Mexico? Nowadays, the only way is before a Mexican Notario Publico. For sure, the assistance of a real estate lawyer in Mexico, [...]

Yes, regardless of its Citizenship, any foreigners may acquire direct ownership of property in central or southern Mexico. However, pursuant to the Mexican Constitution, within the 100 kilometers along the borders and 5o kilometers along the coasts (restricted zone) foreigners cannot own property outright within the restricted zone, nevertheless, secondary law implemented the legal mechanisms to acquire land and hold formal title to [...]

A real estate lawyer can represent buyer, seller or both parties; In Mexico there are other parties involved such as: Notario Publico; Trustee (Bank trusts, pertaining acquisition of properties in the coast or in the borders), appraisal, agents, etc. Real Estate Lawyers do not work on commissions, as real estate agents do. This means a [...]

  There are many different circumstances in which hiring a real estate attorney is advisable. A handful of states require the presence of a real estate attorney during closings. In states where a lawyer is not required, there are circumstances in which it is in your best interest to hire someone for legal representation. Whether buying or [...]

Is there inheritance tax under Mexican Law? As the Mexican law stands now, there is no inheritance tax. Meaning that, when a person is recognized as heir and inherit estate from decedent, or under a bank trust if a person (trust beneficiary) name someone as beneficiary in the first place upon death, and consequently assume [...]

Are short term rentals legal in Mexico? The law does not provide a minimum term for rentals under Mexican Law, although it provides a maximum term: For residential rentals, the term cannot exceed ten years. This means that a minimum term could be as short as 1 day, 3 days or a month; Weekly or [...]

4 TIPS 1. Verify property ownership. Registered title is the most effective proof of ownership. Private agreements or powers of attorney, are not sufficient evidence to establish ownership, and consequently, does not give legitimacy to a real estate transaction. It requires to verify ownership and furthermore, obtain official certificates showing ownership and that title is [...]