| Pages:
1
2 |
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
Por nada, Bajayan.
Since San Quintin is your destination, I suggest going on the TalkBaja facebook site and put your question up there. One of the admins is a resident
of la Chorera and is a good source of info for San Quintin. He goes by Ron Gomez on the site [Baja Gringo here].
Best of luck on your trip.
.
[Edited on 1-1-2015 by DENNIS]
"YOU CAN'T LITTER ALUMINUM"
|
|
|
Bajayan
Junior Nomad
Posts: 28
Registered: 5-13-2011
Member Is Offline
|
|
Thanks Dennis, I hadn't thought to look on Facebook (which I typically avoid to be honest). I do have some interest in one or two other spots as
well, but it seems the group is pretty widespread which is quite helpful. Happy New Year!
|
|
|
Pescador
Ultra Nomad
Posts: 3587
Registered: 10-17-2002
Location: Baja California Sur
Member Is Offline
|
|
I talked to our Notario and he says it makes no difference whether you are leasing from an individual or a corporation, the law only allows, as Dennis
stated, 10 years minus one day. There are other contracts written such as an automatically renewable lease, but it holds no water in court, which is
the final authority. Your only true protection comes from a Fideocomiso.
|
|
|
Bajayan
Junior Nomad
Posts: 28
Registered: 5-13-2011
Member Is Offline
|
|
Thanks a lot Pescador, that finally completed the answer to my question.
It's unfortunate that lease terms are so restricted as to make them unworkable for building, but there's nothing we can do about it.
|
|
|
willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
|
|
folks have and will continue to build on leased land, MOST have no problems and have enjoyed their places for years. sure theres no guarantees but if
you lease from people you know and trust, I say go for it!
|
|
|
Dirtroaddoug
Newbie
Posts: 4
Registered: 9-4-2014
Member Is Offline
|
|
"F I D E I C O M I S O"
|
|
|
CaboMagic
Super Nomad
Posts: 1109
Registered: 4-30-2005
Member Is Offline
|
|
Bajayan - don't know where you 'originate' .. but wanted to make mention that an Attorney in MX is not the same as Attorney in USA .. And, a Notary
in USA is not what a Notario is ... HTH
|
|
|
Warf
Junior Nomad
Posts: 83
Registered: 6-21-2011
Location: La Paz
Member Is Offline
|
|
I recommend that you contact Jonathan Mendez in Col Vicente Guerrero. (http://www.sanquintinm2.com/en/business-consulting).
He is well connected in the municipality of Ensenada (which extends south to Guerrero Negro) and has excellent relationships with several Nortarios in
Ensenada as well as the new Notario in San Quintin.
I know him personally and he is knowledgeable and absolutely honest. He has helped me in several business matters and his advice and assistance have
resulted in successful legally binding transactions.
La Pazadise
|
|
|
Bajayan
Junior Nomad
Posts: 28
Registered: 5-13-2011
Member Is Offline
|
|
Thanks CaboMagic, I am aware of the very different role notaries play in other countries (I'm in the US).
And thank you as well Warf, I met with Jonathan last year and he seemed great, so I'm very happy to hear a confirmation.
Willardguy, if this was just for a little cabana, I might just be okay with that.
And Dirtroaddoug, you're right that the fideicomiso is the only guarantee (or a corporation).
|
|
|
durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
Member Is Offline
Mood: thriving in Baja
|
|
On the east coast and even in the SF bay area lease hold properties are not uncommon. Typically a developer builds houses for sale but retains
ownership of the land below them for a fixed period of time. This allows first time buyers, or others with minimal money for a down payment to get
into a new house for a lot less money.
Bob Durrell
|
|
|
CortezBlue
Super Nomad
Posts: 2213
Registered: 11-14-2006
Location: Fenix/San Phelipe
Member Is Offline
|
|
How does land leasing work?
It either does or doesn't
In San Felipe I wouldn't hesitate to do a lease at Pete's Camp. I v'e known the owner for many years and he is a good guy.
Other than that, I think it is a crap shoot!
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
- Albert Einstein
Follow Cortez Blue
www.cortezblue.com
We put the FUNK in disFUNKtion |
|
|
| Pages:
1
2 |
![[*]](images/xmbforum/default_icon.gif){kind=icon}
