BajaNomad

Two or Three Lots in Fideicomiso

carsonrk - 6-21-2005 at 09:25 PM

Does anyone know if lots in several different subdivisions can be combined into one Fideicomiso? If so, is the costs different than just one lot?

dono - 6-22-2005 at 05:56 AM

you can fuse your lots into 1 trusts if they are adjacent to each other but if the total area is over 2000 mts you forign investment will be through the roof

Bruce R Leech - 6-22-2005 at 06:25 AM

yes you can do it like dono says but I think you will find it more trouble than you want to go through. but you state that they are in deferent subdivisions so for that the answer would be a definite no. like dono said they must be connected and Les than 2000 mtrs total.

Osprey - 6-22-2005 at 07:29 AM

Dono, haven't seen you on the board much. After the PROFEPA raid in LB the realtors went into hiding (what should they have known about the ZM?). This would be a very bad time for you to give professional realty advise on this board.

Marie-Rose - 6-22-2005 at 07:32 AM

We have both of our lots in one fideocomiso.(under 2000m) They are adjacent to each other.

Bruce R Leech - 6-22-2005 at 07:44 AM

Quote:
Originally posted by Osprey
Dono, haven't seen you on the board much. After the PROFEPA raid in LB the realtors went into hiding (what should they have known about the ZM?). This would be a very bad time for you to give professional realty advise on this board.


Osprey what is LB and what is the ZM and why are you talking in code.

Osprey - 6-22-2005 at 08:08 AM

Bruce, LB is Los Barriles, sorry. You should know ZM stands for "Zona Maritima"

Don Jorge - 6-22-2005 at 08:15 AM

LB is Los Barriles. ZM is the Maritme Zona. PROFEPA did a sweep through the area issueing citations to many gringos who were not in compliance with existing rules.

See article, "Goverrnment Agents Sweep Through East Cape" in everyones favorite Baja rag, the Gringo Gazette:

http://www.gringogazette.com/southern/june13_2005/page1/

Bruce R Leech - 6-22-2005 at 08:23 AM

thanks Osprey and Don for the info. I have trouble believing anything in the Gringo Gazette: they print so many things that are ether wrong or are just plane rumorers.

latitude26n - 6-22-2005 at 08:56 AM

Quote:
Originally posted by Me No
Do you really think you are going to get and informed answer from the posters here? One that you would risk and investment over. Give me a break, then go and spend the money for a quality abogado. You spendsters kill me. :barf:


Luckily carsonrk received some constructive reponses from his question which hopefully overshadowed the one above.

He asked a valid Baja-related question on a Baja Forum. He didn't say that he was planning to bypass an attorney or give any other indication that he was trying to skrimp on services.

A person has been lucky if they've never been given erroneous real estate information from "expert" Mexican attorneys, notarios, government officials, or Bank Fideicomiso reps. We've certainly been led astray by experts in each of those categories.

By asking for the experiences of others you can often learn what is possible, not only what is legal in the sometimes murky world of Mexican property ownership.

It looks like this is carsonrk's 2nd post- Welcome!
And please continue to contribute.

Me No - 6-22-2005 at 09:20 AM

Quote:
Originally posted by latitude26n

He asked a valid Baja-related question on a Baja Forum. He didn't say that he was planning to bypass an attorney or give any other indication that he was trying to skrimp on services.

A person has been lucky if they've never been given erroneous real estate information from "expert" Mexican attorneys, notarios, government officials, or Bank Fideicomiso reps. We've certainly been led astray by experts in each of those categories.

By asking for the experiences of others you can often learn what is possible, not only what is legal in the sometimes murky world of Mexican property ownership.



26, look at the other responses here. Do you honestly believe his personal knowledge was furthered due to this post?

Do the guy a real favor, and give him the name of someone you have used, and not been led astray by. They he can get all the good information he needs to invest with confidence.

latitude26n - 6-22-2005 at 09:41 AM

Me No, I've already sent him a u2u with a recommendation actually.

I was just hoping to point out that people shouldn't be hesistant to ask Baja-related questions on this forum. If I were carsonrk I probably wouldn't have come back to this forum if your 1st response had been the only one I'd gotten to my question.

Look how much more constructive your 2nd response is.

Me No - 6-22-2005 at 11:43 AM

26, You are correct. My opening comments were way to terse. Lo Siento.