Comments on: Make Sure You Know Who’s Renting Your Mexican Home https://www.mexperience.com/know-who-is-renting-your-mexican-home/ Experience More of Mexico Wed, 07 Aug 2024 23:59:13 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Mexperience https://www.mexperience.com/know-who-is-renting-your-mexican-home/#comment-26747 Fri, 06 Dec 2019 15:37:27 +0000 https://www.mexperience.com/?p=40757---4d250fa9-20df-4426-ad53-fe70ad4b6ade#comment-26747 In reply to Mark O’Neill.

Hi Mark,
The Notary Public is likely to demonstrate that they have undertaken the legally-required due diligence and unless you have *material proof* that the Notary was negligent or fraudulent –a very difficult thing– it would be very difficult to bring a case against the Notary in these matters.

A far greater risk to foreign residents buying here is renting out a house to the ‘wrong people’: if the property is used for illicit purposes and the authorities begin to prosecute the tenants, it would likely be hard (and expensive) to defend the asset under the new law.

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By: Mark O'Neill https://www.mexperience.com/know-who-is-renting-your-mexican-home/#comment-26732 Thu, 28 Nov 2019 15:14:45 +0000 https://www.mexperience.com/?p=40757---4d250fa9-20df-4426-ad53-fe70ad4b6ade#comment-26732 How do Notorios fit into this new law? Isn’t it their responsibility to ensure transactions are done properly? So, if irregularities are discovered years later, isn’t it the Notorio’s fault, not the purchaser?

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By: Bruce Wayne https://www.mexperience.com/know-who-is-renting-your-mexican-home/#comment-26731 Thu, 28 Nov 2019 04:21:52 +0000 https://www.mexperience.com/?p=40757---4d250fa9-20df-4426-ad53-fe70ad4b6ade#comment-26731 The same law exists in the U.S. Do it to enough people, and you Will have a revolution on your hands you idiot politicians.

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