Sunday, June 16, 2013

Property disputes: Buyer beware in Mexico

Perched on a hillside overlooking Manzanillo Bay, Puerto Las Hadas would seem to offer everything a Canadian could want in a getaway: sun, beaches and an ocean view.
But for dozens of Canadians, mostly from Alberta and B.C., who have bought units in the 204-unit complex, Puerto Las Hadas also comes with a property dispute that has put their ownership rights in question and remains unresolved after several years of attempted litigation.
According to several owners and a lawyer in Mexico who is representing some of them in court, a Mexican judge in 2009 cancelled folio numbers – which are used to register property in Mexico – for properties lining Manzanillo Bay, including Puerto Las Hadas. That ruling left owners with access to their waterfront homes but without clear property rights.
Manzanillo - Property disputes: Buyer beware in Mexico


Related Posts with Thumbnails