Lease legal?
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Lease legal?
I seem to remember there was a thread on here about contracts, leases etc. I believe I had read that a rental lease of more than 3 years, such as one for 5 or 10, are not legal. Perhaps Spencer could weigh in on this and give the actual way it is? TIA
itsme- Share Holder
- Posts : 709
Join date : 2010-04-05
Re: Lease legal?
I believe that residential leases are maxed out at 10 years and commercial leases max out at 15 years. 99 year land leases are not enforceable but as long as the landlord and tenant want to continue the agreement than all is good.
Playaboy- Share Holder
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Join date : 2013-04-21
Re: Lease legal?
we know somebody that has a 10 year lease from a mexican landlord.
Pedro- Share Holder
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Join date : 2012-11-29
Age : 81
Re: Lease legal?
Perhaps you thought wrong
Artículo 2039.- El arrendamiento por tiempo determinado de inmuebles destinados a habitación, no podrá exceder de 15
años.
Cuando este tipo de arrendamiento exceda de cinco años, deberá ser inscrito en el Registro Público de la Propiedad.
Artículo 2039.- El arrendamiento por tiempo determinado de inmuebles destinados a habitación, no podrá exceder de 15
años.
Cuando este tipo de arrendamiento exceda de cinco años, deberá ser inscrito en el Registro Público de la Propiedad.
Intercasa- Share Holder
- Posts : 3006
Join date : 2010-04-05
Age : 54
Location : Chapala / Zapopan
Humor : Barbed wit
Re: Lease legal?
Thank you, Spencer. I thought I'd read before that extra measures were required for leases over 3 years. Good to know the facts.
gpbasap- Share Holder
- Posts : 162
Join date : 2013-10-19
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