JOMA-MAC | The facade of the National Palace in Mexico City, once seat of the viceroy of New Spain when part of the Spanish Empire. | https://www.worldhistory.org/image/16029/national-palace-mexico-city/ | Creative Commons Attribution-ShareAlike | https://creativecommons.org/licenses/by-sa/4.0/
In real estate transactions in Mexico, considering environmental issues can be crucial due to potential liabilities and long-term consequences. Soil contamination can go unnoticed during acquisition, becoming evident later. Parties involved may be held responsible for remediation, as per Mexico’s laws, regardless of whether they caused the pollution.
It’s can be important to conduct environmental studies before purchasing or leasing property in Mexico to assess contamination risks and legal implications. Additionally, evaluating project feasibility and compliance with environmental laws at all government levels should be considered. Recognizing and addressing these environmental aspects can be important to mitigate risks and liabilities in real estate development and projects.