The Paper Chase | Real Estate & Business Consulting

TAG | selling with letters of possession

May/10

5

CLARIFY A “COMPLICATED” MATTER WITH EJIDO LAND

DEAR PAPER CHASE CLIENTS:

I THOUGHT IT WOULD BE GOOD IDEA TO CLARIFY A “COMPLICATED” MATTER WITH EJIDO LAND.

FACTS:

EJIDO PROPERTY IS OWNED BY A COMMUNITY OF EJIDATARIOS (MORE THAN 100 PERSONS IN MOST CASES); IN OTHER WORDS EVERY EJIDO MEMBER OWNS AN INDISTINCT PIECE OF THE TOTAL LAND OWNED BY THE EJIDO.

EJIDO PROPERTY IS REGULATED BY AGRARIAN LAW, IT MUST FOLLOW A PROCESS OF “PRIVATIZACION” IN ORDER TO LEGALY BE SOLD TO ANY PERSON (NATIONAL OR FOREIGNER).

ONCE LAND BECOMES PRIVATE THE EJIDO MEMBER, NOT THE EJIDO COMMUNITY RECEIVES TITLE TO PROPERTY FROM FEDERAL GOVERNMENT. POPERTY IS NOW REGULATED BY CIVIL LAWS, THEN IT CAN BE SOLD BY THE EJIDO MEMBER (PROPIETARIO). (more…)

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