Home NewsCrime Officials warn of fake real estate developers operating in Yucatan

Officials warn of fake real estate developers operating in Yucatan

by Yucatan Times
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These shady developers lack the infrastructure and authorizations to provide basic services in the houses they build….

MERIDA — The National Chamber of Housing Industry (Canadevi) in Yucatan said that there are more people, “ghost” companies or fake developers that build houses without the basics services and doesn’t have the required authorizations related to: paving, water and electricity supply, among others.

In addition sometimes the low quality of the materials causes structural damages to the houses, said Armando Valencia Castillo, president of Canadevi in ​​Yucatan.

(Photo: SIPSE)

The institution stated that they don’t know how many people are dedicated to building homes that allegedly provide all the services, without actually offering them, “and as they appear and disappear,” it is difficult to sue the developers or file a formal complaint.

He emphasized that it is almost impossible to stop this practice, since there is no law that prevents people from buying land and building houses. “The authorities have no choice, because if you want to obtain a permit to build a house in some land is impossible to deny it, and many people, when buying the space, subdivide it, putting each fraction in the name of different people; they use this action to obtain permits for building, but the final result is 10 to 15 identical houses in different lands,” he added.

Most of the time they are not registered companies and the purchase is made as non-corporative private owners to avoid paying taxes.

Despite being a difficult issue, the institution insisted on working to develop a mechanisms to stop this practice, without harming the buyers.

Source: sipse.com/milenio

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