Rents is US Dollars
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Rents is US Dollars
I was reading on Rollybrook's website that rents are only payable in pesos and that a lease clause requiring payment in any other currency is invalid. How is it then that almost everyone here (and several other places in Mexico) gets away with payment in US dollars?
TexMex- Member
- Posts : 30
Join date : 2012-05-14
Re: Rents is US Dollars
TexMex wrote:I was reading on Rollybrook's website that rents are only payable in pesos and that a lease clause requiring payment in any other currency is invalid. How is it then that almost everyone here (and several other places in Mexico) gets away with payment in US dollars?
You can say Mexican Peso equivalent which is fairest to both parties. I never "require" US Dollars or CDN Dollars.
joec- Share Holder
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Join date : 2012-11-01
Age : 79
Location : West Ajijic
Humor : Sometimes
Re: Rents is US Dollars
US dollars are fine on a contract but the inquilino has the option of paying in Mex. pesos at the exchange rate to buy the dollars. Not to complicated.
slainte39- Share Holder
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Join date : 2010-07-22
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