Privacy Policy
At ILC Group, we are committed to protecting your privacy and maintaining the confidentiality of the information you provide to us. This Privacy Policy describes how we collect, use, and protect the personal information you provide when using our legal and consulting services. By using our services, you agree to the terms and conditions set forth in this Privacy Policy.
Information Collection
We collect personal information in various ways, including but not limited to:
- Information provided by you: When you communicate with us, whether through our website, email, phone, or other means of communication, we may collect personal information such as your name, email address, phone number, and any other information you voluntarily choose to provide.
- Automatically collected information: We may collect certain information automatically when you visit our website, such as your IP address, browser type, pages visited, and similar information. This information is collected anonymously and is used for statistical purposes and to enhance the user experience on our website.
Use of Information
We use the collected information for the following purposes:
- Service provision: We use your personal information to provide you with the requested legal and consulting services. This may include reviewing legal documents, legal representation in judicial matters, or providing legal and business advice.
- Communication: We use your contact information to communicate with you regarding the requested services, such as sending you updates about your case, responding to your inquiries, or providing relevant information.
- Improvement of our services: We use the collected information to improve our legal and consulting services and to personalize your experience on our website.
Protection of Information
We maintain technical, administrative, and physical security measures to protect the personal information we collect and prevent unauthorized access, disclosure, or destruction. However, no security measure is absolute, and we cannot guarantee the complete security of information.
Disclosure of Information
We do not sell, rent, or share your personal information with third parties, except in the following circumstances:
- Service providers: We may share your information with external service providers who assist us in providing the requested services, such as mailing companies or web hosting services. These service providers are obligated to protect your information in accordance with this Privacy Policy.
- Legal compliance: We may disclose your personal information if required by law or if we believe in good faith that such disclosure is necessary to comply with a valid legal process, protect our legal rights, or respond to an emergency situation.
Changes to the Privacy Policy
We reserve the right to modify this Privacy Policy at any time. Any changes will be effective immediately upon the posting of the updated version on our website. We recommend that you periodically review this Privacy Policy.
Get in touch
We'll be ready to answer any questions you have.
Frequently asked questions
Foreigners may obtain direct ownership of property within Mexican territory. However, according to the article 27 of the Mexican Constitution, foreigners cannot hold title to property within 50 Km from the Coast Line and 100 Km from the border. This area is known as the "Restricted Zone".
So, to purchase real estate in the "Restricted Zone", foreigners must acquire the property through a BANK TRUST formalized with a Mexican Bank Institution.
The Bank Trust is the same than in other countries where the Bank hold the property in TRUST and you will be designate as the main beneficiary and can designate substitute beneficiaries in the event of death, that way avoiding probate procedures upon death. This Bank Trust is for a period of 50 years, renewable for the same period of time.
Yes, the LLC will be designate as the main beneficiary. For that we will need all the legal paperwork of the LLC duly notarized, apostilled and translated by a certified translator.
Escrow is a fund administration agreement for a real estate transaction in charge of an impartial third party, who shall disburse such funds according to the instructions previously agreed by the parties involved ( Seller(s) Buyer(s)) and delivered in writing to the Escrow Agent.
Yes, In the trust, both co-owners will be designated as main beneficiaries. And you can designate as well substitute beneficiaries in the event of death.
No. With the assistance of the Mexican Banking Comission, the trustee bank would be replaces by another.
In Mexico the Notary Public plays a different role from the one in other countries where they are only limited to witness the execution of a document, in Mexico the notary is government official, grants public faith and formalizes 100% of legal acts when it comes to real estate transaction, as well, part of the duty if the notary is to calculate, collect and pay on behalf of both buyers and sellers the taxes that are due at closing.