How Realistic and Reasonable is Acquiring Ejido Land in Mexico?
By Ana Lilia Lozano Every day more people are hearing about ejidos and are also getting more familiar with ejido processes and formalities. Actually, ejidos represent a very interesting topic for real estate and tourism business investors due to the fact that a considerable amount of land in Mexico belongs to ejidos and an important amount of these ejidos are located in coastal areas. For the above, this article intends to provide a general overview of the ejidos in Mexico and the processes to convert ejido land into sellable property, taking into consideration the most common inquiries I have been asked in working on ejido matters. HISTORY- CLASSIFICATION OF PROPERTIES In Mexico, real estate properties are classified aspublic, private and social property. This classification resides in the Mexican Constitution of 1917, which states that ‘the ownership of the lands and waters comprised within the limits of the national territory originally corresponds to the nation, which has the right
Related Questions
- Is the forecast and distribution of jobs clear and realistic? Should the RSS set out employment land requirements?
- Is it realistic for small volunteer land trusts with few holdings to go through the accreditation process?
- How do I know if the Ejido Land in question has been properly privatized for sale?