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Given the need to offer services related to the real estate more efficient, several pending regulations have been identified in the country, specifically in the area of ​​condominium administration, as well as in the area of ​​brokering the commercialization of a real estate.

Both the Network of Condominium Administration Professionals and the Mexican Association of Real Estate Professionals (AMPI), seek to influence legislative activity, especially of the entities of the republic, in order to strengthen their activity by regulations and thus give certainty to both the person who lives in a property, as well as to those who seek to sell or acquire real estate.

On the part of the Network of Condominium Administration Professionals, its proposal is based on homologating and updating the Condominium Ownership Regime that exists in each state, because at present, there are differences between the different regulatory frameworks of each entity, which hinder legal certainty for the work of administrators.

“Laws change a lot from one state to another. We need to unify the laws in order to be able to work”, explained Mara Cavazos, president of the Network, who pointed out that the main task of a condominium administrator is to manage the resources to maintain the common areas of a space of this nature, for example, in surveillance, cleaning or maintenance.

In this context, Cavazos urged that an update of each regime that includes the figure of the condominium manager is necessary, since, for example, in Mexico City, said scheme still bears the name of the Federal District and, in addition, the activity must be be supervised by the capital’s Social Prosecutor’s Office, something that is not the case in any other entity.

“For example in Monterrey, Guadalajara Y Quintana Roo, the regulations already consider virtual assemblies, they consider the creation of civil associations, which can be based on a condominium regime, ”said Cavazos.

For the president of this Network, which represents about 200 condominium administrators throughout the country, in some entities the legislation makes the work of these people difficult, because when managing third-party resources, they run into the problem of not being able to open accounts banking, or contract insurance, in the name of the condominium and in this sense, it is decided to adopt the figure of civil association, which has other fiscal and notarial implications.

Certification to avoid fraud

For its part, for a few months, the WIDE has worked so that all the entities of the country have a real estate law, so that all the people who are dedicated to the commercialization of real estate are under the radar of the authority and thus the end user can have the certainty of knowing who deals at the time of the sale of a property.

“Rather than giving us certainty, it is aimed at the general public,” explained Florencia Estrada, president of AMPI, who added that, for example, although this association has all the security controls, this organization concentrates 100,000 advisers (all of them with certifications), from a market of about 900,000 throughout the country.

Currently, there are about 20 states that already have a real estate law that provides a license to all real estate brokers, however, others are lacking to have a regulatory framework in all entities.

For Estrada, the challenge is to strengthen the Secretariats of Economy of these entities where there is no regulatory framework in this regard, in order to encourage these changes at the level of the law of each state.

“There are states that do not have a Ministry of Economy solid and then they depend on other ministries and those are external decisions… That has made it impossible for all states to have their license”, explained Estrada.

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