RIVIERA MAYA, QR — Amendments to the current Quintana Roo real estate law will help prevent fraud and the activities of illegal traders. Local lawmaker María José Osorio Rojas said the reforms would also give Sedetus sanctioning powers.
Quintana Roo state lawmakers are continuing to amend the Real Estate Services Provision Law, which will give the Secretariat for Sustainable Urban and Regional Development (Sedetus) the power to sanction real estate agents operating without a permit.
“Many people who purchase property are scammed by people who seek to profit from the sale, even if they are not the property owner or legally registered real estate service provider,” she commented. .
She explained that a register is being created that will be supervised by the Desarrollo Regional Urbano Sustainability Secretariat (Sedetus), which has the authority to ensure that these sales are carried out within the law.
Osorio Rojas says reforms are especially important in municipalities like Tulum, where the same property is sold three or four times. She said the sale took place due to a lack of certification of the intermediary that conducted the sale.
She said reforms to the Real Estate Service Delivery Act had been made and it was now in the hands of the Urban Development Commission and a full vote before the end of the legislative period.
The last amendment to Quintana Roo’s Real Estate Services Provision Law was in July 2021. Part of this law makes certification through training and registration the law for all real estate agents in the state and establishes the documentation required to practice. “Granted by the Regional Development Secretariat Urban Sustainable (Sedetus) to a natural or legal person, authorizing them to provide real estate services in the State of Quintana Roo.”
The Mexican Association of Real Estate Professionals (AMPI) announced in September that it is preparing a public registration of certified state real estate agents. Public registries are being developed to enable purchasers to hire qualified professionals and to enable associations to deal with illegal agents.