AMPI urges Jalisco State Congress to approve Real Estate Law and prevent fraud

Despite the fact that nationally, Jalisco is a leading entity in the development of the housing sector and presents a high rate of urbanization, there is still no Real Estate Law here that regulates the activity of those who promote or advise on rental transactions or property sales. It is a legal vacuum that opens the door to possible fraud or simply bad practices that put the assets of families and investors at risk.

The president of the Mexican Association of Real Estate Developers in Guadalajara (AMPI), Mario Romo Alarcón, pointed out that it is vital that the State Congress approve this new legislation in order to officially certify and register professionals in the sector and, consequently, give the greatest possible legal certainty to those who wish to acquire or rent a property.

While the issue awaits its turn on the agenda of the state legislature, this organization of professionals advances in offering a permanent training plan, establishing alliances with other groups and government institutions, as well as integrating a network of advisers with work, prestige, and recognition of its honesty, that it be open to the public and easily accessible.

As part of the strategy, next Friday, September 23, the AMPI Guadalajara Real Estate Forum will be held, in its 31st edition, Romo Alarcón announced this morning, who announced that some 1,200 attendees are expected for this day.

This is a meeting that will bring together the most influential real estate leaders and experts considered agents of change who will share their knowledge and experience. The objective is to provide more elements aimed at professionalizing the task of real estate advisors.

They will be present, for example, the researcher Alfredo Ceja; the businesswoman Alejandra Ríos Spínola; the journalist Diego Petersen Farah; and the communicator Gloria Calzada.

The program consists of 20 conferences and discussion tables. Among the topics is that of Real Estate Law; and other highly topical ones such as the new technologies applied to this sector, as it is known that online property searches have grown by 36% this year. There will also be talk about the future that is glimpsed for marketing, and the so-called unicorn companies will be analyzed.

Why is the Real Estate Law important for Jalisco?

  • The real estate industry contributes 12.8 percent of the country’s Gross Domestic Product.
  • 19 states already have a law to regulate real estate sales.
  • Within the Mexican Republic, Jalisco is considered in third place in real estate supply.
  • Around 10,000 independent real estate consultants operate in the State without certifications and who are not part of any registry of professionals.
  • Contrary to some forecasts of contraction in the market, during this year real estate sales have increased by eight percent.
  • Prices have generally increased a little above inflation.

Subscribe here to receive our newsletters, access exclusive content, read our news without ads, and much more!

Trending news of PVDN

  • Woman’s corpse found handcuffed and gagged in Puerto Vallarta hotel room A woman was found dead Tuesday afternoon inside a Puerto Vallarta hotel. Under the established protocols, personnel from the Regional Prosecutor’s Office began an investigation around the discovery of the lifeless body, which was generated after the report that inside a hotel room, located on Avenida México and Guerrero, in the Las Mojoneras neighborhood, the…
  • Jalisco Nueva Generación Cartel controls 78% of money laundering in Mexico The Jalisco Nueva Generación Cartel (CJNG) has placed itself at the head of the Mexican drug economy, establishing the largest number of businesses to launder money, and unlike other cartels, it went from the real estate business, typical of drug trafficking, to diversifying into money laundering businesses. that few would suspect. An investigation by MILENIO,…
  • Mexico’s army will remain on the streets and beaches of Mexico until 2028 It was on Tuesday, October 4, when the Senate of the Republic approved the reform to the National Guard, which establishes that it will be used in public security until 2028 under the direction of the Secretary of National Defense ( Sedena ). After a debate of more than eight hours, the senators of the…
  • The United States is going after American citizens in Mexico, and Latin America, trying to evade taxes The Internal Revenue Service’s Criminal Investigation unit said on Thursday it has located 79 tax evasion fugitives in Mexico, Belize, El Salvador, Guatemala, and Honduras in the first year of a new extradition initiative. The effort was made possible by a change in Mexico’s tax laws in 2020 that made tax evasion a felony offense…
  • Mexico’s president slams the nomination of Ukrainian president Zelenski for the Nobel Peace Prize Staying to true form in his disdain for Ukraine, Mexican President Andrés Manuel López criticized the members of the European Parliament who nominated his Ukrainian counterpart, President Volodímir Zelensky, for the Nobel Peace Prize this year. During the morning press conference on October 5, the Mexican president affirmed that there are other people who deserve…
Puerto Vallarta News

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms
error: Please contact PVDN if you wish to reprint something from this website