[Prodev] RE: Question on Mexican Law

[Francisco Avalos]

	Real estate ownership in Mexico by aliens is resticted by the Mexican =
Federal Constitution (article 27).  Ownership of real estate is =
restricted to the surface, and any subsoil minerals and/or water belong =
to the nation.  There are also what are called the "restricted areas" =
where land ownership by aliens is prohibated.  These areas are defined =
as all land along the border (100 kilometers wide area) and all land =
along the sea coasts (50 kilometers wide area).  Aliens can own =
interests in these areas only through trusts and with the permission of =
the Foreign Affairs Ministery. These trust are arranged through Mexican =
"Notarios" and are renewable (30 year trusts).

	Here are some sources in English that might shed more light on the =
matter:

	Pasero, Manuel and Hector Torres.  "Foreign Investment in Mexico's Reat =
Estate: An Introduction to Legal Aspects of 	Real Estate Transactions." =
35 San Diego Law Review i3 p783-803. =20

	"The Amateur Investor."  3 Nevada Lawyer n6 p28-.

	De La Vega, John.  Mexican Real Estate: Law and Practices Affecting =
Private U.S. Ownership.  Tucson, Arizona: 	University of Arizona Press, =
1976.

	        =20

-----Original Message-----
From: meyerl@ULV.EDU [mailto:meyerl@ULV.EDU]
Sent: Monday, April 29, 2002 6:00 PM
To: Francisco Avalos
Cc: prodev@aallnet.org
Subject: Question on Mexican Law



Let me ask a question regarding one aspect of Mexican Law. We =
occassionaly
get questions regarding land claims and other issues involved with =
owning
property along the Mexican coasts. I have never really found material =
(at
least in English) that can help.

Short of suggesting an attorney in Mexico, how do others provide either
English tranlations of the law or practice materials, etc.?

Larry

Lawrence R. Meyer
University of LaVerne, LaVerne Law Library
320 East "D" Street
Ontario, Ca.