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Santiago
Ultra Nomad
Posts: 3511
Registered: 8-27-2003
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http://www.mexonline.com/lawreview.htm
I suspect this horse is dead so for anyone who's still awake, the above like has oodles of good info.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Never totaly dead, Santiago....
You put up good questions, some of which should be answered by an attorney.
Most leases in the business sector are recorded as a matter of protection for both parties. That is business.
The rural land disposal isn't part of the structure which the Notario is most often involved in given the mystery of ownership attendant to said land
and the onus isn't on him for composing a contract. He works with available information. May God help you if you misrepresent truth to this man.
In answer to your question.........the issue has to be instigated by the owner. The tenant can't pursue it.
Related issue #2
Payments on time are a huge gamble by the buyer. For instance....... The payee has eighty percent of the payments in hand and then he is run over by
a big truck. His heirs get his property and all your payments, at that moment, are meaningless.
You have to secure your purchase with a bank trust, otherwise you own part of nothing. Soon it will be all of nothing. Too bad.
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Pescador
Ultra Nomad
Posts: 3587
Registered: 10-17-2002
Location: Baja California Sur
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Dennis is right on that one, if you have no accepted record of payment, the heirs can assume that there has been no payment. It never ceases to amaze
me that when a lesee gets stung they holler that they got taken to the cleaners when they never bothered to find out exactly what the law was in the
first place. I know a guy who did something really stupid and really peeed off his lessor and since he had not dotted his I's and crossed his t's, he
lost.
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alibi
Newbie
Posts: 2
Registered: 6-4-2008
Location: Santa Cruz, CA
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We have money to invest and have never invested in Mexico....the most we would do is a large boat in a marina..if kicked out we would putter back to
the good ole US of A
...
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Paulina
Ultra Nomad
Posts: 3810
Registered: 8-31-2002
Location: BCN
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Bump
\"Well behaved women rarely make history.\" Laurel Thatcher Ulrich
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
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Mood: mellow
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Quote: | Originally posted by alibi
We have money to invest and have never invested in Mexico....the most we would do is a large boat in a marina..if kicked out we would putter back to
the good ole US of A
... |
"Investing" in a boat.
Now, that's good for a chuckle or two.
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capt. mike
Elite Nomad
Posts: 8085
Registered: 11-26-2002
Location: Bat Cave
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Mood: Sling time!
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sign of the times.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering
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Paulina
Ultra Nomad
Posts: 3810
Registered: 8-31-2002
Location: BCN
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Bumping this house up to the front again!
\"Well behaved women rarely make history.\" Laurel Thatcher Ulrich
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wilderone
Ultra Nomad
Posts: 3824
Registered: 2-9-2004
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Would this house be available for short-term rent? (a week? few days?)
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Paulina
Ultra Nomad
Posts: 3810
Registered: 8-31-2002
Location: BCN
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Wilderone,
I doubt it as they are currently living in it.
P<*)))>{
\"Well behaved women rarely make history.\" Laurel Thatcher Ulrich
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