THE NEW OAXACA-PUERTO ESCONDIDO HIGHWAY

Wednesday, February 20, 2024 By Verónica González Sales Assistant

After more than 15 years, the wait is over and on February 4, the 104.3-kilometer work of the Barranca Larga- Ventanilla highway was inaugurated. This new highway will shorten the distance between the state capital and the Oaxacan coast, going from 6.5 hours to only 2.5 hours.

 

This project required an investment of 13 billion pesos and with its start of operations it will benefit the more than 500 thousand inhabitants of the 50 municipalities of this region. The construction of this highway also generated an economic impact of 1,800 direct jobs and 3,500 indirect jobs. It is expected that after its opening there will be traffic of around 4 thousand vehicles per day.

New highway Oaxaca-Puerto

The road from the Oaxacan capital to Puerto Escondido is made up of two parts. The first part runs along Federal Highway 175 0axaca-Puerto Ángel in a route of 70 kilometers. A booth at this point marks the beginning of the second section for 104 more kilometers, during which there are 15 access junctions for the surrounding communities. The route has bridges, 3 viaducts, 3 tunnels, 114 crossing structures and finally ends at the beach. It is important to mention that the road will be free during the first year after its opening.

 

Without a doubt, this new highway will be a very important trigger for the tourism sector, since the travel time from the capital to the beach destinations on the Oaxacan coast will be reduced: Huatulco, Puerto Escondido, Zicatela, Mazunte and San Agustinillo, among others. The above translates into much more influx of visitors, more productive investment, economic growth and more jobs for the inhabitants of the area.

TYPES OF CONSTRUCTION WORKS IN MEXICO

Friday, December 1, 2023 By Jessica Hernández Sales Assistant at SILMÉXICO  

In Mexico, as in the rest of the world, there are different types of construction works, each one requires different planning and materials according to its use, so in the following blog, we present the different types of buildings in the country. 

Public construction

This type of structure refers to those that are financed by governmental institutions, whose objective is the benefit of a whole community, seeking to cover the needs of the population. These include highways, streets, railroads, water distribution systems, hospitals, fire stations, courthouses, parks, and other works that correspond to the federal, state, or municipal governments.

Residential construction

These are those buildings with housing purposes, reduced to the term “house”, within them, there are different types, depending on their design, size, etc., such as villas, condos, apartments, townhouses, or traditional houses.

Commercial Construction

Designed for economic exchange between members of society, through the location of businesses. These are divided into shopping centers, warehouses, as well as offices, and industries. Within this type of construction, activities of buying and selling products and/or services are carried out.

Industrial construction

These buildings are built for manufacturing or product distribution purposes, precisely because of these functions, these types of buildings should be located away from urbanization, for greater safety, since they contain machinery and/or use hazardous chemical components.

Construction of green areas

This refers to all those areas whose objective is to promote environmental care, such as parks, gardens, and green surfaces in general, in which the protagonists are plants, recycled materials, and eco-friendly.

 

Other types of construction include cultural construction focused on educational and entertainment activities, which are built with stages and noise-insulating materials. As well as sports, for physical recreation, such as gymnasiums, swimming pools, running tracks, stadiums, etc. Built with concrete structures and profiles. 

 

If you are looking for advice for your next construction project, in SILMÉXICO we have a team of professionals specialized in this area, who will advise you on the design and execution of the project, as well as the materials needed according to your type of work. You can contact us at info@silmexico.com

BENEFITS OF BUYING A PROPERTY IN MEXICO THROUGH A CORPORATION

By Thorvald Pazos Casas

 

Law degree from the Universidad Regional del Sureste, 

postulant attorney in criminal, civil, agrarian, and tax matters, 

and currently a research attorney and part of the Research Center of SILMEXICO.

The acquisition of a property in Mexico represents a choice of great importance, either for personal or investment purposes. However, have you ever considered the option of making this purchase through a company? In the following article, we will explain some of the benefits of this alternative, as well as the reason why an increasing number of people choose to purchase property in Mexico through a business entity.Undoubtedly, architecture and construction will be focused on the welfare of people and low environmental impact for the care of the environment, following this line some of the trends are as follows:

Types of companies in Mexico:

According to the Mexican Mexican law, corporations may be Civil and Mercantile. The former are organizations created for a common purpose that does not constitute commercial speculation and are based on the civil legislation of each state and the federation. While, the second ones are characterized for having a commercial purpose, so they are based on the General Law of Mercantile Corporations, each one having its own rules and a special treatment. 

In the GLMC we find different rules for corporations so that according to the specific interests of the partners and the capacity of their capital, they can choose between one of the following: Limited Company (Ltd.), Limited Liability Company (LLC.), Joint-Stock Company (JSCo.), Limited Partnership (L.P.), Limited Joint-Stock Partnership (S.K.A.), General Partnership (G.P.) and, Cooperative Society (C. S.). 

Requirements and processes to establish a legal entity in Mexico.

To establish a legal entity in Mexico the following principles must be followed:

  1. To have the idea of the type of object that the company will have.

  2. To look for the company that best fits the purpose and the capital stock.

  3. To have the number of partners required by the company.

  4. To make the articles of incorporation (clause of acceptance of foreigners).

     E. To request authorization for the use of the corporate name before the Ministry of Economy.

      F. To execute the articles of incorporation before a notary public or public broker (foreigners’ acceptance clause).

     G. Register the company before the Public Registry of Property and Commerce.

   H. To process the Federal Taxpayers Registry (R.F.C for its Spanish initials.) and generation of electronic signature (known in Spanish as e.firma) before the Secretariat of Tributary Administration (SAT for its initials in Spanish).

Knowing the different options of corporations that can be formed in Mexico, as well as the procedure to formalize them, we will answer the following question:

Buying in my own name or in the name of a corporation?

In Mexico, it is possible to acquire a property being a Mexican or foreign individual (with limitation in a “restricted zone”) or through a Mexican corporation with foreign investment, as long as in the bylaws of the corporation there is a bald clause, and the foreign partners waive the protection of their country in relation to such property.

Regulations and Alternatives.

Within the restricted zone, the acquisition of real estate properties by foreigners is prohibited, but there are alternatives for them to enjoy certain rights over the referred assets.

 

Outside the “restricted zone”, foreigners are allowed to acquire property, as long as they comply with the requirements:

 

  1. Before the Ministry of Foreign Affairs, agree to consider themselves as nationals with respect to the goods they acquire and not to invoke, therefore, the protection of their governments in relation to them.

  2. Obtain the corresponding permit from the  Ministry of Foreign Affairs (SRE for its initials in Spanis). In the case of foreigners who are nationals of countries with which the Mexican State has diplomatic relations, comply with the previous point.

Within the “restricted zone”, there are two alternatives for foreigners to enjoy rights over real estate in such area: the incorporation of a Mexican legal entity and a trust.

Benefits of buying property in Mexico.

 

By purchasing real estate in Mexico, a foreigner has the possibility of obtaining a residency in the country through a temporary resident visa for real estate acquisition. This visa authorizes a temporary stay in Mexico that goes beyond 180 days and does not exceed 4 years, according to the provisions of Article 107, section V of the Regulations of the Immigration Law, mentioned below: 

 

Article 107. The temporary residence visa referred to in section IV of article 40 of the Law, shall be issued to the foreigner who expresses his intention to remain in the national territory for a period of more than one hundred and eighty days and up to four years. The applicant must demonstrate one of the following circumstances:

 

V. That he/she has real estate in the national territory with a value equivalent to the amounts established in the general administrative provisions issued jointly by the Ministry and the Ministry of Foreign Affairs, which will be published in the Official Gazette of the Federation.

 

Companies can obtain tax benefits that are not available to individuals. For example, companies can deduct business and operating expenses from their income, which reduces their taxable income and tax burden.

Businesses have access to a wide range of financing options, such as bank loans, bond issuance, and the sale of stock. In addition, companies can raise capital from investors and shareholders, allowing them to expand and grow faster than individuals.

Unlike individuals, a business is not extinguished when one of its owners or partners dies or leaves the business. A company can continue to exist and operate regardless of changes in its ownership.

 

 

In summary, buying property in Mexico through a company provides a solid legal structure, flexibility, and advantages in both tax and operational terms, making it an attractive option for those seeking to maximize the benefits of their real estate investment in the country. 

ARCHITECTURAL TRENDS FOR 2024

By Jessica Hernández Sales Assistant at SILMÉXICO

The year 2024 is just around the corner, people and their needs will not be the same as those of the year that is about to end, also, the advancement of technology and weather conditions, as well as the economy will present different characteristics. It is exactly the same in the field of architecture and construction, which seek to adapt year after year to these changes. That is why it is necessary to know about the trends for the coming year in the architectural field. 

Undoubtedly, architecture and construction will be focused on the welfare of people and low environmental impact for the care of the environment, following this line some of the trends are as follows:

Micro living and greentecture:

Microliving is based on the idea that the square footage of the home does not define its value and functionality, its central location is what characterizes this type of housing, which is why especially young travelers, as well as investors, are those who prefer it. Greentecture is complemented by micro-living with a sustainable approach to urbanism, bioclimatic criteria, and self-sufficiency.

Biophilic design

A trend that incorporates nature in interior design will also be present in 2024. This will focus on the design of interior spaces that give the feeling of being outdoors, nature-inspired lighting, and inclusion of plants. To learn more about biophilic architecture read our blog BIOPHILIC ARCHITECTURE: THE NEW TREND IN REAL ESTATE DEVELOPMENTS IN OAXACA.

Industrial Style

It is defined by asymmetrical shapes in construction, both in residential buildings and in other urban infrastructures. It is characterized by the combination of iron, wood, aluminum, and even recycled plastic, which reduces construction costs.

Domotic architecture

Technology will be present in buildings and homes since alternatives to control temperature, light, or building security are increasingly in demand. This type of architecture is an excellent economic and environmental option, since in addition to making certain activities more efficient and reducing energy consumption, which has a positive impact on bills, it is also the result of raising awareness of responsible consumption.

Floors, walls, and more

These parts of the buildings will be protagonists of architectural design in 2024, betting on ecological options, as well as designs in marble, imitation wood, clay, coatings in textures and colors of the new minimalism, which now goes beyond black and white, or polished cement. 

Kitchens will also be given greater importance, their design will focus on spaciousness and connection with the dining room and living room, as well as the installation of a central island and breakfast bars.

If you are interested in receiving advice on the design of your new project, write to info@silmexico.com and receive personalized advice on the development of your new real estate project.

IN CASE OF DECEASE, WHAT WOULD HAPPEN WITH MY PROPERTIES IN MEXICO BEING FOREIGNER?

By: Madison Ashley
Legal Intern, SILMEXICO
A Bridgewater State University student, Legal Intern, and currently a member of the Research Center of SIL MEXICO.

What is patrimony?

Patrimony is all the things bought and owned in a person’s life. It is a collection of all possessions. Patrimony can be in the form of real estate, vehicles, clothing, jewelry, and several others. When a person dies, their possessions need to be determined who or where they will go. This is a succession that can either be determined by a will or a person deemed close to the deceased. There are ways to protect patrimony and allocate the possessions accordingly. For example, wills are the best way to detail where all belongings will go upon the death of the owner. This way, the possessions are not up for debate, and it makes the probate process faster.

Breakdown of inheritance

Inheritance is decided by a specific principle. The relative that is deemed the ‘closest’ is first in line to the inheritance. There are numerous examples of exceptions: 

    • “Where there are surviving children of the deceased but no surviving spouse: the estate is divided among the children in equal portions.
    • Where the deceased has a surviving spouse and surviving siblings: two-thirds of the estate is received by the surviving spouse, and the other third is divided in equal parts among the siblings. 
    • Where the deceased has surviving siblings only: the siblings inherit in equal portions.
    • No closer relatives survive: the closest relatives up to the fourth grade inherit in equal portions.” (Pavon, 2017) 

This is another example of why wills are helpful. If the breakdown of inheritance is specified in the will, the wishes of the deceased can be honored, instead of acted upon what is standard. 

What happens if I die, and I don’t have a protected vehicle? And if I do?

When you die, any non-land assets will be passed through an estate. This procession goes through the same process as any other patrimony. Additionally, if the car is unprotected or has a loan, it will become part of the estate of the deceased. The assets from the patrimony can be used to pay off the debt of the loan as well.

What is the best option?

The best option for foreigners who own property in Mexico, or have other assets in Mexico, is to create a Mexican will. Even though they could be a resident of another country, having a will for the assets per country will save lots of time and money. Without a Mexican will, the foreign will is going to have to go through a double-probate process. This is really expensive and can take years for Mexico to recognize. Instead, the better option is to have a Mexican will that handles Mexican assets, to avoid double probate expenses.  

To obtain a Mexican will there are three steps. First, an official court-approved translator must translate the will into Spanish. It also must be apostilled in the country where it is. Lastly, since Mexico does not have survivor rights, the surviving spouse might not automatically inherit the property. Therefore, it is important to outline specificities accurately (Pavon, 2017). Another important piece of information is that “property held through a bank trust is not included or referred to in a will made in Mexico. For other property including real estate that is not held within a bank trust, a Mexican will identifies the beneficiaries and specific legatees and appoints an executor who administers the property until it is transferred to the heirs and assist the notary with the process.” (Pavon, 2017). 

Overall, the best option is to obtain a Mexican will for any assets in Mexico.

References

Pavon, M. (2017, September 14). Who Will Inherit Your Property in Mexico? MEXLAW. https://mexlaw.com/will-inherit-property-mexico/

WHAT IS THE ESCROW CONTRACT?, WHAT IS IT FOR?

By Juan Luis Santiago Law student, Junior Lawyer in the Legal Department, and currently part of the Real Estate Legal Research Center. 

Given the current boom in the real estate sector, it has become necessary to contemplate different protection alternatives or to guarantee transactions concerning property rights, such as the sale and acquisition of real estate.

This is where the “Escrow Contract” comes in as one of the most efficient means of guarantee in the real estate world.

Who is involved in the escrow contract, at the moment of carrying out a real estate transaction? 

The parties in this type of contract are:

    • The Seller. – Holder of the property, with the necessary legal capacity to dispose of the real estate object of the operation.
    • The Buyer. – A person with sufficient legal and economic capacity to acquire the real estate object of the transaction.
    • The Escrow Agent. – Natural or Moral Person (through the representative), that will act as an intermediary concerning the economic resources within the real estate operation.

What is the Escrow Contract?

To conceptualize and give a function to this type of contract, we must start from the premise that the “Escrow” within the Mexican legislation is not contemplated, that is to say, it is an atypical contract, not regulated, which does not require any formality of structure, so that different jurists within the field of contract law, have defined this, as the agreement of wills made expressly, by which the parties (Seller and Buyer) entrust to an intermediary “Escrow Agent” each one of the economic resources coming from the real estate, to act as an impartial guarantor, who will retain such resources until the contractual obligations of the purchase and sale expressed by the parties are fulfilled.

And, if it is not regulated, what legal certainty does it offer?

Although it is considered an atypical contract, this does not mean that it is somehow illegal or inefficient (regarding its legal validity), on the contrary, it means that it does not require any formality more than those of any other type of contract regulated by law, so the will of the parties will prevail before any instance, and doing it expressly will be enough to give it its certainty.

That is why SILMÉXICO offers this type of contract to its buyers and sellers belonging to its portfolio of collaborators so that each one of their transactions is carried out most efficiently without at any time harming or jeopardizing the property rights of the parties. 

SAFETY MEASURES IN MEXICO FOR CONSTRUCTION

Tuesday, November 7, 2023 By Jessica Hernández Sales Assistant at SILMÉXICO  

The construction sector is considered one of the most risky in Mexico; in the last ten years alone, more than 31,000 accidents have been registered in this industry alone. 

According to data from the Mexican Social Security Institute, from 2012 to 2021 there were approximately 1,846 deaths of construction workers. 

Some of the most common occupational hazards are:

    • Falls to the same level. 
    • Blows and cuts.
    • Falls to different levels. 
    • Fall of objects by collapse. 
    • Entrapment by or between objects. 
    • Stepping on objects. 
    • Collisions against moving objects. 
    • Projection of particles. 
    • Burial.
    • Collisions. 
    • Risk of fire and explosion. 
    • Electrical risk.

To avoid as much as possible the incidence of these and other occupational hazards in construction, basic safety standards have been created and must be strictly followed to avoid minor accidents and, of course, extraordinary situations such as fatalities. Developers or persons in charge of construction sites must ensure that they provide their workers with the necessary conditions to safeguard their physical integrity. These conditions, in addition to including all types of employees entering the construction site, must also cover visitors. 

These measures are divided into 4:

1. Safety and Hygiene Measures for Workers

In the work areas some activities imply a lack of hygiene, so workers must recognize, evaluate, and control the agents to which they are exposed to prevent discomfort or illness. It is essential to have drinking water for hand washing, a specific place to store tools and equipment, a container for waste, a bathroom, a clean place for food consumption, and a first aid kit.

2. Safety and Hygiene Measures in Work Areas

Safety and hygiene measures must be promoted and implemented to help guarantee the safe performance of work at the site, such as the use, inspection, cleaning, and maintenance of tools and construction equipment within the work areas, which requires delimiting habitable areas of the site, using basic protective equipment, not accumulating debris, clearing evacuation routes, keeping circulations clear, and storing tools and equipment in a specific place.

3. Basic and Specific Personal Safety Equipment

Personal safety equipment consists of those accessories or elements that are used on-site to protect workers during tasks that represent a greater risk and can damage their health and physical integrity. 

Basic equipment: helmet, vest, work clothes, and boots. 

Equipment for specific jobs (work at heights, use of tools and electrical equipment, and machinery handling): goggles, face shields, respirator, harness, earplugs, gloves, and overalls.

4. Previsions when carrying out Construction Work

Safety measures for the performance of specific jobs help prevent and reduce the risks to which all participants in the construction site are exposed: 

Use of tools and equipment: set aside a special area for each activity, and replace worn cutting elements. 

Working at heights: verify that safety equipment is in good condition, delimit the work area, and if scaffolding is used, verify that it is in good condition. 

Use of chemical substances: do not smoke near the storage of substances, avoid spills, and store them in a safe place.

In Mexico, these measures are established by the Official Mexican Standard NOM-031-STPS-2011, and their objective is to prevent the risks to which construction workers are exposed, in addition to ensuring an adequate work environment, the correct monitoring of the measures will ensure that the work is completed on time.

 

Are you looking for construction advice? Contact us to guide you through: 

info@silmexico.com

References

What types of properties are there in Mexico?

Monday, November 6, 2023  

By Madison Ashley, Bridgewater State University student and legal Intern, she is currently a member of the Research Center of SIL MEXICO, and Thorvald Pazos Casas – Law degree from the Universidad Regional del Sureste, postulant attorney in criminal, civil, agrarian, and tax matters, and currently a research attorney and part of the Research Center of SILMEXICO.

 

In Mexico, throughout its history and its intricate relationship with the land, there has been a long struggle for the recognition and equitable distribution of this right, a battle that has been fought since the times of Independence and the Mexican Revolution. As a result of this struggle, land ownership is a protected and regulated right in the Political Constitution of the United Mexican States, which grants it a special status and treatment.

The legal system in Mexico is based on the Roman-Germanic system, which implies the existence of a written law and doctrine as a source of law, being the Mexican Constitution the cornerstone of this system. Article 27 of the Constitution, which is found in the dogmatic section of the Constitution, recognizes the right to property as fundamental. The aforementioned provision recognizes that there is public, private, and social property in the national territory.

Article 27 of the Mexican Constitution states that “ownership of the lands and waters within the boundaries of the national territory is vested originally in the nation, which has had, and has the right to transfer title thereof to private persons thereby constituting private property” (Kelly, 1994). This means Mexico holds the legal basis of the land and its control of what constitutes private ownership and private possession.

From the foregoing, it is worth mentioning that the main regulation of property is found in the Mexican Constitution, and is supported by secondary laws for its legal regulation and tenure. Such as, in the case of private property, the Federal Civil Code or that of the states; for social property, there is the Agrarian Law; and for public property, it is based on the National Property Law.

The Kinds of Property in Mexico

There are three types of property in Mexico: private, social, and public.

Private

Refers to property that originated from the original ownership of the nation and was transferred to private individuals or entities. It is the right of individuals or legal entities to enjoy and dispose of their property, subject to the restrictions established by law. The Federal Government has the power to expropriate private properties that are considered notable due to their characteristics and manifestations, following the provisions of the law.

Agrarian

Also known as social, belongs to various agrarian groups and is subdivided into two categories: ejido property and communal property. Since 1992, with the enactment of the Agrarian Law, voluntary transition to full ownership is allowed, which means that through a certification process, it can be converted into private property and, therefore, be susceptible to sale. The key distinction in social property is based on the origin of land tenure. The ejido arose as a result of the allocation of land by the State to a group of peasants who lacked land and needed it for their subsistence. On the other hand, the agrarian community has its origin in the recognition by the State of land that belonged to a group of peasants since ancient times or in the restitution of land if they had been dispossessed of it in the past.

This difference is fundamental since the ejido is created as a measure to distribute land to those who need it, while the agrarian community recognizes the historical rights of a group of peasants over the land they have occupied and worked for generations. The two concepts reflect different approaches to land policy and its history in Mexico.

Public

Refers to the buildings and territory under the jurisdiction of the entities and agencies of the different levels of government (Federal, State, and Municipal). These properties are subject to regulations established by the General Law of National Assets in the federal government and by the laws of patrimony or assets of the federal entities. Access to and use of these public spaces are restricted and regulated, which means that to use a public space it is necessary to obtain a concession, and private individuals can only access public property through these concessions.

Several types of taxes involve property in Mexico. These include acquisition tax, annual property tax, rental income tax, value-added tax, capital gains tax, and income tax. Acquisition tax is paid for any property that is purchased; the tax levels differ, but it can range anywhere from 2% up to 4.5% of the value of the property at the time of purchase (Ortega, 2023).

References

  • History of the National Agrarian Registry of Mexico. (2022, April 19). Mexicanist. https://www.mexicanist.com/l/history-of-the-national-agrarian-registry-of- mexico/
  • Kelly, J. (1994). Article 27 and Mexican Land Reform: The Legacy of Zapata’ s Dream ARTICLE 27 AND MEXICAN LAND REFORM: THE LEGACY OF ZAPATA’S DREAM*.
    https://scholarship.law.nd.edu/cgi/viewcontent.cgi?article=1693&context=law_faculty_scholarship:~:text=Article%2027%20of%2
  • 0the%20Mexican%20Constitution%20states%20that%20%22%5Bo%5D
  • Ortega, O. (2023, April 17). Tax Implications of Owning Property in Mexico [2023 Policies]. RivieraMayaCozy.com – Your Place for Best Real Estate Deals in Rivera Maya.
    https://rivieramayacozy.com/tax-implications-owning-property-mexico/
  • Real Estate Law | Mexico | Global Corporate Real Estate Guide | Baker McKenzie-Resource Hub.(n.d.).
    Resourcehub.bakermckenzie.com.
    Retrieved
    November 3, 2023,
    from https://resourcehub.bakermckenzie.com/en/resources/global-corporate-real-estate-guide/latin-america/mexico/topics/real-estate-law:~:text=Land%20i tself%20in%20Mexico%20is

TYPES OF SCAFFOLDING

Thursday, November 2, 2023 By Jessica Hernández Sales Assistant  

Scaffolds are structures that are used in construction sites as a tool to reach certain heights or areas of difficult access to perform the necessary work. In addition to fulfilling this function, scaffolding must be correctly assembled to ensure the protection of the person carrying out the work, otherwise, this may cause falls of people or materials, as well as collapses. They are platforms with stable surfaces and are available in different materials and sizes.

Trestle scaffolding

It is the simplest scaffolding that exists, characterized by being A-shaped. It is used in constructions that do not exceed 4 meters in height due to the simplicity of its structure. It is used as an auxiliary for simple tasks such as painting tiny houses.

Cross brace scaffolding

This is the standard scaffolding, also known as scissor scaffolding, it is very easy to transport and low cost. It is not approved for outdoor use, so it is more commonly used indoors.

European scaffolding

It is the type of approved scaffolding, besides being modern, it complies with all current European safety standards. It has non-slip platforms, trapdoor and ladder to facilitate access to each of the different levels or heights of the scaffolding. Its stability is ensured by assembled diagonal and horizontal bars.

Suspended scaffolding

These are mobile structures suspended from the ceiling, roof, or beam. They are ideally used to perform work from 20 meters in height and allow the user to change levels. It is commonly seen in window cleaning jobs in large buildings.

Multidirectional scaffolding

They are resistant and versatile. Their main characteristic is that they are capable of forming frames that adapt to any position and shape, even curved. They allow work levels to be varied every 0.50 meters while maintaining all safety elements. Their use ranges from simple projects to the most complex and industrial uses.

Mobile scaffolding

They are very stable and efficient for working in smooth and flat environments. They are composed of simple, manageable, and light pieces that facilitate their assembly, disassembly, and displacement.

Self-erecting platform scaffolding

Systems whose platform operates electrically on 1 or 2 masts. It has a control panel and an overload locking system.

 

It is important to choose the type of scaffolding according to the task to be performed, this will result in faster and more efficient work. Also, you will protect the lives of the workers and those who pass around the work site. At SILMÉXICO we advise you about the ideal type of scaffolding for your new development. Contact us at info@silmexico.com to receive advice on your construction process.

CERTIFICATE OF FREEDOM OF LIEN

Monday, October 30, 2023 By Jessica Hernández Sales Assistant  

The certificate of freedom of encumbrance is the document that guarantees the legal certainty that the property purchased or to be purchased does not have any debts or legal situations in relation to the Ministry of Finance or financing institutions. 

In addition to other documentation, this is one of the most important documents requested when promoting a property for sale. This document grants the certainty that the property can be sold and given freely to the new owner, without it being a guarantee for any loan, or seized.

Where is the Certificate of Freedom of Lien processed?

In Oaxaca, this certificate is issued by the Public Registry of Property and Commerce. To obtain it, you must first fill out an application form, which includes information such as: 

    • Data of the applicant
    • Name of the owner or registrant
    • Name of the property
    • Complete location: measurements, boundaries, surface, and registry antecedent.
    • Name, signature of the applicant, and date of presentation

Likewise, the payment corresponding to the antecedent of the inscription before the Public Registry of Property and Commerce must be made, this varies according to the state in which it is processed. 

The approximate time to have it is five to eight working days in regular conditions, although the process can be accelerated by paying an extra fee.

Do you have doubts about this or other legal procedures related to the purchase and sale of real estate? Come to SILMÉXICO to receive advice from our legal team.