| Some 13 Million Houses Lack Titles, Built Without Permits in Mexico Latin American Herald Tribune | |
| go to original November 11, 2013 |
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MEXICO CITY – About 13 million houses, or 45 percent of the total housing stock in Mexico, lack titles and were built without permits, with many of the dwellings located in high-risk areas, Agrarian, Territorial and Urban Development Secretary Carlos Ramirez Marin said.
The lack of notaries in Mexico is one of the biggest obstacles to recording property titles, a problem that is especially acute among low-income households, Ramirez Marin said.
“Among those in the country’s wealthiest population, some 87 percent live in a house with the title in order, while among the poorest population, barely 50 percent have a title to their property,” Ramirez Marin said in an address to the Mexican National Notaries Association.
President Enrique Peña Nieto overhauled the old Agrarian Reform Secretariat, creating the Agrarian, Territorial and Urban Development Secretariat to deal with the problems of “territorial regulation, legal use of the land, urban development and housing,” Ramirez Marin said.
Read the rest at Latin American Herald Tribune
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