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Can an asset that is subject to a mortgage be seized in Mexico?
Mexico In Mexico, an asset that is subject to a mortgage can be seized. The mortgage is a real guarantee on real estate that ensures the fulfillment of a debt. In the event of default, the mortgagee may request seizure and subsequent sale of the property to satisfy the debt. The proceeds from the sale will be used to pay the mortgage loan. It is important to review the terms and conditions of the mortgage agreement and seek legal advice if you have specific questions or concerns.
How are taxes applied to gambling and lottery winnings in the Dominican Republic?
Winnings from games of chance and lotteries in the Dominican Republic are subject to special taxes that may vary depending on the type of game and the amount won. Gambling operators also have specific tax obligations
How are guarantees addressed in contracts for the sale of durable goods in Costa Rica?
Warranties in durable goods sales contracts in Costa Rica are addressed through legal provisions and specific agreements between the parties. The Civil Code establishes implicit guarantees, such as quality guarantee and eviction guarantee. Additionally, the parties may agree to additional guarantees in the contract. The Law for the Promotion of Competition and Effective Consumer Defense also establishes provisions related to the guarantees and rights of consumers. It is essential that the parties clearly understand and agree on the warranties applicable in contracts for the sale of durable goods to avoid potential disputes and protect the rights of the parties.
What is the protocol for notification and handling of changes in return conditions for decoration items sold in Bolivia?
The protocol for notification and handling of changes to return conditions is set out in clause [Clause Number], detailing how changes will be communicated and applied for decorative items sold in Bolivia, ensuring a clear and fair return policy. .
How is due diligence addressed in mergers and acquisitions of companies in the civil engineering services sector in Peru, considering ethical aspects and regulatory compliance?
Due diligence in civil engineering services companies in Peru involves evaluating ethical and regulatory compliance aspects. Engineering practices, ethical history on previous projects, and compliance with construction regulations are reviewed. In addition, ethics in project execution, relationships with clients and local authorities, and the company's ability to offer civil engineering services ethically and in accordance with Peruvian legislation are analyzed.
How is the process carried out to obtain a permit for the construction of a single-family home in Ecuador?
The permit for the construction of a single-family home is obtained through the Provincial Directorate of Territorial Planning, Urban Planning and Housing. You must submit project plans, comply with building regulations, and obtain approval from the local authority. This procedure is essential to start the construction of a home.
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