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wHAT ARE THE DATES OF WEEK 44 2007

Week 44 is 11/03/07 - 11/10/07

Can someone tell me when someone resales their villa, what is the difference between: RIGHT TO USE OR DEEDED????

aliciag23 wrote:

Can someone tell me when someone resales their villa, what is the difference between: RIGHT TO USE OR DEEDED????

We have a glossary in our Help area that will explain the difference between the two. Please click on this link http://www.redweek.com/help/glossary

Thanks, Marty

aliciag23 wrote:

Can someone tell me when someone resales their villa, what is the difference between: RIGHT TO USE OR DEEDED????

Generally, deeded is to Mexican citizens only. Right to use means you can use it until it is sold. The property is held in trust since non-Mexican citizens cannot own property that is s certain distance from the beachfront. When the property is sold at the end of the trust, the current owner will receive their invested monies back plus 50% of the profits (if any)