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Puerto Vallarta News NetworkPuerto Vallarta Real Estate | August 2009 

Latest Trends in Fiscal Agrarian Reform
email this pageprint this pageemail usMarilyn Newman - PVNN
August 04, 2009



Participants listen to Lic. Jorge Carreaga

David Pullen of PV Realty and Tere Kimball of Prudential with Tropicasa's Lic. Maria O'Connor and Lic. Jorge Carreaga

Lic. Jorge Carreaga and Lic. Maria O´Connor

David Pullen of PV Realty and Tere Kimball of Prudential
A seminar entitled 'Latest Trends in Fiscal Agrarian Reform' provided by Attorney Jorge Carreaga, Notary four and twelve of Nayarit, was recently hosted by the three Banderas Bay area A.M.P.I. chapters for their members and affiliates.

Attorney Carreaga spoke regarding ejido property and agrarian law, as well as the challenges real estate professionals face when working in these areas. A simultaneous translation of the presentation was provided by Attorney Maria O'Connor for the English speaking agents.

"I am thrilled to have had the opportunity to participate in such an interesting and informative program. As an attorney, it is always important to stay current with changes in the laws and their interpretation. The value and importance of Agrarian law and its reforms are crucial for us here in the Bay as the influx of foreign investment in the region increases and interest in rural property intensifies," O'Connor stated.

Attorney Carreaga provided an overview of the history of indigenous communities and the ejidos, Agrarian law prior to 1992 and the sweeping reforms affecting the treatment of rural property.

The second part of the presentation covered the differences between the titulo de propiedad, certificado parcelario and constancia de posesión, among others, and closed with a look at recent fiscal reforms regarding the payment of capital gains tax on regularized property.

The seminar was another opportunity for agents and brokers to participate in continuing education and to stay informed of leading factors in real estate, maintaining the level of professionalism required in today's sophisticated market place.

For more information on A.M.P.I. Riviera Nayarita, contact Elena at El Grupo de Bienes Raices (329) 298-1212 or for A.M.P.I. Vallarta, Vanessa at 044-322-135-7421.

Marilyn Newman is a real estate consultant with Prudential California Realty-Vallarta Division. She can be reached at (322) 226-2690.

About Prudential Vallarta: Whether you are looking to buy a home or condominium in the Banderas Bay area, or are simply considering a vacation rental, Prudential Vallarta is Your Source for Puerto Vallarta Real Estate. You can depend on our bilingual and bicultural sales professionals to help you through the process. If you would like to learn more about Prudential Vallarta's real estate or vacation rental properties click HERE, or visit PruRealtyPV.com.



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the included information for research and educational purposes • m3 © 2009 BanderasNews ® all rights reserved • carpe aestus