For a foreigner to purchase rural (ejido) land
in Mexico there are the following choices at El Rey Polo Country Club:
1. Assignment of Possession rights takes place as follows:
a). Purchase in cash outright, or by monthly payments,of the
assignment of rights
b). This transaction is legalised in a notarised document
c). The property is then in possession of the purchaser under
the conditions of the contract.
2. Assignment of Possession Rights with a Warranty Trust
It is also possible to arrange a payment of only 70% of the agreed price, to be
held in Trust, so that in the case that the Club does not fulfil its contractual
promises for construction completion the funds can be refunded to the purchaser as
will be outlined in the contract.
3. By way of Shares
a) Share issuance: By purchase
of shares in the corporation it is possible to become a partner in the corporation so
that along with being a part of the company and assisting in the regulation of the land
the purchaser can assist in achieving the eventual aim of a title deed for each
b) Shares with Trust: By purchase
of shares in the corporation he foreigner will be admitted to the corporation and have
land assigned to their name. The corporation will look in the future to obtain the full
title to the land, to be transferred to the owner in the form of a Trust and they will be
released from the corporation.