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Real property
  • Sale and Purchase Contracts

    Refers to the written contract certifying that the ownership of a real property has been transferred to a different person in exchange for money, and can be held by both a natural person and a legal entity.


  • Condominium Property Regime

    Refers to the Legal Regime applicable when a single real property is to be converted into a multiple-unit complex for the units to be individually owned, and which may be settled in a horizontal or adjacent manner. Thus all units must proceed under one set of rules, maintenance fees, etc.


  • Usufruct and Bare Title

    Real Property is divided into Bare Title and Usufruct (50% & 50%). Establishment of Usufruct is the right to use and enjoy all the advantages derivable from the use of something that belongs to another, usually Real Property. Usufructuary has the thing but does not own it, that is to say he is in possession of such thing, but not in possession of the ownership. He can use and enjoy it (reap benefits, both in cash or in kind), but as he is not the owner, alienation or disposition is not possible without the actual owner’s consent (bare owner).


  • Lieu of Payment

    Stands for a contract whereby a natural person or a legal entity known as the Debtor, provides a Real Property or Chattel to a different individual known as Creditor in order to settle such debt.


  • Donation of Real Property

    Stands for a contract whereby an individual known as Donor is compelled to transfer part or full ownership of its assets to a different individual known as Donee.


  • Notarization of the Agreement

    for merger or split of a tract of land

    Including an instrument, which is usually a document issued by Municipality Cadaster authorizing merger of two or more tracts of land or its split into two or more tracts, within the Protocol Book of the Notary (grant its registration as a Public Deed).


  • Trust property

    Refers to a contract whereby ownership of Real Property or Cattle, or even money is transferred by an individual (TRUSTOR) to a Banking Institution (TRUSTEE) in benefit of a different individual (BENEFICIARY UNDER A TRUST), in order to serve various purposes, as diverse as the mere administration of the assets, or their sale as warranty or investment, etc.


  • Nonprofit Organization

    Nonprofit Organizations are those established in a non-profit basis, thus with full legal personality, incorporated by several individuals fulfilling social, cultural, educational, sportive, charity or any similar purposes, in order to promote such of any activities among their partners or third parties.


  • Private Welfare Institution

    Private Welfare Institutions hold full legal personality and own assets. And are incorporated in a non-profit basis by individuals who aim at providing care services (health, disability, education, drug addiction, elderly, homeless children, and other kinds of social welfare).


  • Professional Entities

    Partnership between two or more individuals who wish to conduct an activity jointly for profit-making. Such individuals shall decide whether to contribute with work, which makes them “industrial partners”, and/or with cash, which makes them “capitalist partners”.


  • Incorporation of Business Entities

    Refers to the various ways by means of which legal entities and natural persons associate in order to incorporate a different business entity with own legal personality, such as: Variable Capital Business Entities, Limited Liability Companies, General Partnerships, Limited Partnerships, Variable Capital Limited Liability Companies, Corporations , among others.


  • Split of Business Entities

    Describes the legal act by means of which a business entity decides to be terminated, therefore disappearing and liquidating its assets and liabilities.


  • Mergers of Business Entities

    Describes the legal act by means of which two or more business entities disappear in order to create a new Company; or when a Company absorbs the patrimony of a different Company.

    Merger Companies can be formed up from capitals or individuals. Such Companies could be of the same or different nature in order to incorporate a different Company from the mergers.


  • Notarization of Meetings

    Meetings can be ordinary or extraordinary, and depending on the specific Company’s Bylaws, it shall be pointed which are to be notarized.

    Notarization refers to the act by means of which a Notary Public records into the Protocol Book he holds the legal name, address, duration, capital stock, and object of a Company, as well as the faculties granted by the governing body in accordance with its bylaws, and the nomination of the administrative body if relevant, through the insertion or attachment of the supporting documents into the “Certifications Appendix”.


  • Non-testamentary Succession

    Refers to the legal procedure carried out by a Notary Public when a person dies without a will, provided that the person was residing in the State of Quintana Roo, or the most of its assets are within such State. This procedure aims at determining who the inheritors of the deceased person are, pointing out the quantity and value of the assets, settling debts of the deceased person- if any- with the assets, and distributing the remaining assets among the inheritors.


  • Testamentary Succession

    Refers to the legal procedure carried out by a Notary Public when a person dies with a will, and is intended to determine  who the inheritors of the deceased person are, pointing out the quantity and value of the assets, settling debts of the deceased person- if any- with the assets, and distributing the remaining assets among the inheritors.


  • Will

    Refers to a unilateral (that is to say that it must be carried out in person because it can’t be undertaken by an attorney-in fact or representative, as the testator has to appear before the Notary Public), free (because it has no validity unless carried out without pressure against testator), solemn (because it is carried out before a Notary Public who shall ensure the identity of the person, and make sure that there was no pressure upon the testator), and revocable (because it can be modified by as many times as necessary) legal act by means of which the person who undertakes it settles what has to be done with its assets and rights after its death, as well as to express its will over all the things it owns (except for his Patrimony) according with Law.


  • Faculties or Powers of Attorney

    Refers to the instrument by means of which one or several persons are nominated to represent the granting person in order to carry out any special or general act on behalf of the granting person. For instance, represent the granting person in a trial, or administer its assets, undertake financial movements, sale/purchase if assets, etc.

    This faculties may be revoked as well at any time the granting person decides to, and it shall be done by means of the same kind of instrument as in which they were granted.


  • Ratification of signature

    Refers to the document by which the Notary Public certifies that the individuals appearing before him wish to ratify the signatures included in a certain document, and that such signatures are in their own handwriting.


  • Attestation

    Attestation is when a Notary Public is previously requested to certify the occurrence of facts or events that arise at a certain place and time.


  • Certification of Documents

    Is to compare a copy of a document against the original document so that the Notary Public certifies that such copy is faithful to its original, or to a previously certified copy.


  • Divorce before a Notary Public

    Refers to the type of divorce that shall be held before a Notary Public in order to terminate a marriage. Required documents to initiate this proceeding are: marriage certificate, and official identification cards from the spouses (who shall be of legal age, married for over a year, and have no sons nor daughters).


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Real property