On The Firm VC we have developed knowledge and vast experience on construction and real estate sectors, advising constructors, developers and real estate brokers, national and foreign, specialized on the execution of their projects on the main touristic zones in Mexico.
In Mexico the law forbids to foreign to acquired direct property of real estate within the restricted area. On The Firm VC we advise our clients in order to instrument the proper investment vehicle to acquire real estate assets either through the incorporation of a Mexican corporation, or through the incorporation of a bank trust through which they will be able to acquire rights on the property on the most secure way.
In order to secure our clients investment, we perform a legal due diligence over the property in order to review all documents related to the property (including title search) in order to determine its legal status and working with professional service providers in order to clearly determine the viability of the project to be developed on it.
We are experts on:
Analyzing environmental regulations that may apply to a real estate project.
Complying of federal, state, and municipal regulations in order to obtain permits and licenses required to develop a real estate project.
Drafting of all kind of agreements with construction service providers.
Complying of fiscal obligations related to real estate industry (municipal, state and federal).
; Complying with obligations related to social security on construction industry.
Incorporating of condominium regimes over real estate properties as well as providing advice on its management boards, vigilance committees, and general assembly meetings.
Documenting real estate operations such as donations, purchase sale, lease, and usufruct over residential and commercial properties.
Documenting guarantee and administration bank trusts over real estate properties.
Documenting guarantees in order to support obligations on real estate operations such as mortgages, bonds, insurances, escrow agreements, among others.
Drafting mediation agreements with real estate brokers.
Closing coordination services.
