Descriere & specificații

State law has regulated condos in Jalisco since 1995, and is binding on both the condo administration and all owners. Would it surprise you to learn that many condos don't follow the Jalisco condo laws? This should concern you, because it exposes your condo to potential consequences down the road that could result in financial costs or decreased property values. MANY CONDOS: don't correctly collect condo fees; don't hold proper owners meetings; don't carry out proper votes at these meetings; or don't have a correct administrative structure. WHY DOES THIS PROBLEM EXIST? In most condos in Canada or the US, there's high compliance with provincial and state condo laws. The same does not occur in Mexico - especially amongst condos that are run by foreigners. The administration of these condos is often unaware of the details of the condo legislation - in some cases, the Board is unaware of the very existence of the law. If you're an owner, or if you're part of your condo's administration, you need to know what the law says, and what the proper procedures are. If you're considering buying a condo, you need the knowledge to find out if the condo is being run properly - before you buy into potential trouble. THE PROBLEM . . . The condo legislation is written in Spanish, and there's no high-quality translation designed for use by foreigner-run condo administrations. THE SOLUTION . . . This book contains the complete text of the Jalisco condo law translated into English. It's presented