On April 4, 2024, the “BILL AMENDING THE NAME, AS WELL AS AMENDING AND ADDING DIFFERENT PROVISIONS TO THE MEXICO CITY TOURISM LAW” (the “Bill”) was published in the Federal Official Gazette of Mexico City.
The purpose of the Bill is to regulate the offer of tourist activities and stays. However, one of the most relevant provisions is the creation of a registry of individuals or legal entities that make available to tourists, partially or totally, a real estate property to provide the tourist stay service (hereinafter “Hosts”), and of the technological platforms in Mexico City (the “Technological Platforms”), through which the tourist stay service is offered.
This is the first time that the Technological Platforms are regulated in Mexico.
In connection with the foregoing, it is important to emphasize Chapter II of Title V, regarding the service of temporary stays in real properties for residential use in exchange for consideration (“Temporary Tourist Stay”), which deals with:
1. The registry of Hosts (“Host Registry”) and the registry of Technological Platforms (“Technological Platform Registry”) will be administered by the Ministry of Tourism of Mexico City (the “Ministry”) whose purpose is (Article 61 Bis):
2. The determination of the following obligations of the Hosts (Article 61 Ter):
3. The obligations of the Technological Platforms (Article 61 Quater).
4. The following data shall be recorded in the Host Registry (Article 61 Quinquies):
5. The data to be registered in the Technological Platform Registry (Article 61 Septies).
For each real estate property that is included in the registry, a record and folio will be issued. Said folio must be recorded in the platform or platforms in which the real estate property is offered. This recording is valid for one year and must be renewed within thirty (30) calendar days before its expiration.
Learn more about this Bill here.
This content was prepared by Diego Gómez-Haro ([email protected]), Rafael Villamar ([email protected]), Alfredo Villarreal-Hansmann ([email protected]), José Miguel Ortiz-Otero ([email protected]), Elsa Leticia Neve-Ramírez Wiella ([email protected]), Oscar Alberto Duran-Ramírez ([email protected]), Alberto Lezama-Gutiérrez ([email protected]), and José Francisco Pamanes-Cantú ([email protected].)