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Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

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Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by Clueless on Tue Dec 15, 2015 7:58 am

I read an (older) article on Mx civil law and it said that a contract must be in Spanish and recorded. It also said it should be in English also, just to be safe. Is this correct and current?

Thanks.
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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by Intercasa on Tue Dec 15, 2015 9:27 am

Not all contracts are required to be recorded. Only mandatory for the ones where the law specifies registration such as property deeds with a notary or long term rental contracts with the public property registry office. Also language doesnt matter as when a document is recorded or used in litigation an official translation by a court translator will be required.
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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by Semalu on Mon Jan 11, 2016 7:08 pm

"....Also language doesn't matter as when a document is recorded or used in litigation an official translation by a court translator will be required......."

In other words, it is better to have it done in Spanish the first time. Official legal translations are expensive and ARE required for any contract requiring registration with the official registrar, or in the event of litigation. Far cheaper to get someone like Spencer to do it up in Spanish from the get go. He can explain what everything means and save you a big headache down the road if you need to go back to it for official purposes. You can always do an unofficial translation for your own reading pleasure.

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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by David on Mon Jan 11, 2016 9:19 pm

Translations are NOT expensive.
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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by gringal on Tue Jan 12, 2016 8:42 am

David wrote:Translations are NOT expensive.

Would one of the participants in this discussion please define "expensive" or "not expensive"???
How much$$$$ for a, for instance, long term rental contract or a deed? Ball park?

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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by David on Tue Jan 12, 2016 8:46 am

Typical costs for translation are $200-250 Pesos per page.
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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by gringal on Tue Jan 12, 2016 9:08 am

David wrote:Typical costs for translation are $200-250 Pesos per page.

Thank you, sir. Very Happy

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must real property be registered

Post by Sherman on Tue Jan 12, 2016 6:55 pm

Intercasa wrote:Not all contracts are required to be recorded.  Only mandatory for the ones where the law specifies registration such as property deeds with a notary or long term rental contracts with the public property registry office.  Also language doesnt matter as when a document is recorded or used in litigation an official translation by a court translator will be required.  

this is a little off topic, but connected to this post.

Must all real property be registered, even if it is undeveloped?
If no, then if it is sold then does it have to be registered showing the new owner and deed even if the new owner does not develop the property?

Thanks ....
S.


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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by RVGRINGO on Wed Jan 13, 2016 11:31 am

If you do not register it, you can lose it. Why would you not want to register it?

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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by Sherman on Wed Jan 13, 2016 11:33 am

It's not mine ..... I have a neighbor from hell and a long, ugly story that I don't need to share. But it involved that 'lot.' What do you mean by 'lost it' if you don't register it? How could one lose the lot? It is completely enclosed with walls.

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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by RVGRINGO on Wed Jan 13, 2016 11:40 am

If you buy property, you must use a notario, who will prepare and register the deed. When done, you own the lot. If not done, it could be sold again and again, but the “buyers“ could not prove ownership without a registered escritura (deed).

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Re: Is it true tb enforcable in Mx, a contract must/should be in Spanish and recorded.

Post by Sherman on Wed Jan 13, 2016 11:41 am

thanks .... that's a big help.

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