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Mandatory accreditation and registry part of Quintana Roo real estate law reforms

Riviera Maya, Q.R. — Reforms to current Quintana Roo real estate laws will help prevent scams and the operation of illegal agents. Maria José Osorio Rojas, local Deputy, says the reforms will also give sanction powers to Sedetus.

Quintana Roo deputies continue to reform the Law on the Provision of Real Estate Services, which will give the Secretariat of Sustainable Urban Territorial Development (Sedetus) powers to sanction real estate agents operating without permits.

“Many people who buy properties have been scammed by people who profit from the sale without being the owner of the property or legal registered real estate service agents,” she commented.

She explained that a registry is being generated that will be overseen by the Secretaría de Desarrollo Territorial Urbano Sustentable (Sedetus), who will have the power to ensure that these sales are carried out within the law.

Osorio Rojas says the reforms are important especially in municipalities like Tulum, where the same property has been sold three and four times over. She says the sales are made due to a lack of certification of the intermediaries who made those sales.

She says reforms to the Real Estate Services Provision Law have been made and are now in the hands of the Urban Development Commission for its ruling and full vote before the end of the legislative period.

The last reform to the Provision of Real Estate Services of Quintana Roo law was in July 2021. In part, the law states that accreditation through training and registration will be law for all practicing real estate agents in the state and that the documents required to practice will be “granted by the Territorial Development Secretariat Urban Sustainable (Sedetus) to natural or legal persons, which empowers them to provide Real Estate Services in the State of Quintana Roo.”

In September, the Mexican Association of Real Estate Professionals (AMPI) said a public registry of certified state real estate agents was in the works. The public registry is being put together so purchasers can hire licensed professionals and the Association can also deal with illegal agents.