Mexican timeshare, condominium and shared ownership regimes are governed primarily by the civil codes of the various states, the Federal Consumer Protection Act, state condominium acts, the Federal Tourism Act, the Foreign Investment Act, mandatory standards, and when involving trusts, the General Law on Credit Instruments and Transactions.
Structuring timeshare, vacation club, destination club, vertical and horizontal condominiums, fractional ownership and other use rights and shared ownership regimes requires strict compliance with these laws and knowledge of local legal customs and industry norms.
Rosen Law has considerable experience developing, structuring and processing government approvals of projects in each of these areas at the federal level and in the states of Baja California Sur, Baja California, Quintana Roo and Jalisco.