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Is it mandatory to register a lease contract in Mexico?
It is not mandatory, but it is advisable to register the contract with a competent authority to have greater legal certainty and protect the rights of the parties.
What is the agency contract in Brazil?
The agency contract in Brazil is an agreement in which one person (agent) undertakes to promote or manage business on behalf of another (principal), in exchange for remuneration.
What specific measures does Guatemala take to prevent terrorist financing in the real estate sector?
Guatemala implements specific measures in the real estate sector to prevent the financing of terrorism. This includes due diligence on real estate transactions and the identification of potential risks associated with the acquisition or transfer of property.
What happens if a debtor declares bankruptcy during a garnishment process in the Dominican Republic?
If a debtor declares bankruptcy during a garnishment process in the Dominican Republic, the garnishment process is suspended and will be handled in accordance with bankruptcy and asset liquidation laws.
How is the Mexican justice system divided in terms of powers?
The Mexican justice system is divided into different areas of jurisdiction, including federal justice and state justice, each with its own jurisdictions and specific powers.
What are the tax consequences of an embargo in Chile?
Seized assets may have tax implications, and the debtor must report any capital gains or losses resulting from the auction of the assets.
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