Legal News

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At Sánchez y Asociados we combine the knowledge, experience, resources and efforts of our members to better serve our clients with legal advice that is timely, thorough and sensible.

 

Legal News

Secured transactions.

1. On August 27, 2009 the Mexican Commerce Code was amended in order to create the Exclusive Registry of Liens on Chattels (RUG per its initials in
Spanish).  The rules for the RUG were finally published last September 23 and will take effect on October 7, 2010.

2. The RUG is a dedicated electronic registry that will form part of the Public Registry of Commerce and is to be available for consultation 365 days a year. [more]

Seven basic items regarding the purchase of real property in México.

1.-Formality.

2.-Language.

3.-Language(2).

4.-Information.

5.-Promissory Agreement V. purchase or trust agreement.

6.-Mexican consumer protection act.

7.-Legal Counsel. ...[more]

 

Rules for acquisitions of Real Estate in México by foreigners.

As a general rule, foreigners may acquire direct title to real property in México.
However. acquisition of direct title to real property located within a strip of 100 kilometers (62 miles) wide long ...[more]


Articles from Mexico's Federal Consumer Protection Law and its regulations applicable to the purchase of Real Estate.

A. Federal consumer Protection law
Article 73.- Operation regarding real property will only be subject to this law, if the seller are developers, constructors, agents of others persons who ...[more]