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Private Assignment of Property Rights

This document is a private contract for the assignment of rights regarding a property located in Chimalhuacan, Mexico, from Mr. Ignacio Santana Cortes to Ms. Elizabet Araceli Sandoval Sotelo for a price of 50,000 pesos. The contract outlines the responsibilities of both parties, including the transfer of rights, payment terms, and legal conditions surrounding the property. Both parties agree to submit to the jurisdiction of the courts in Nezahualcóyotl for any legal matters arising from this contract.

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5 views3 pages

Private Assignment of Property Rights

This document is a private contract for the assignment of rights regarding a property located in Chimalhuacan, Mexico, from Mr. Ignacio Santana Cortes to Ms. Elizabet Araceli Sandoval Sotelo for a price of 50,000 pesos. The contract outlines the responsibilities of both parties, including the transfer of rights, payment terms, and legal conditions surrounding the property. Both parties agree to submit to the jurisdiction of the courts in Nezahualcóyotl for any legal matters arising from this contract.

Translated by

ScribdTranslations
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PRIVATE CONTRACT OF ASSIGNMENT OF RIGHTS

PRIVATE ASSIGNMENT OF RIGHTS CONTRACT ENTERED INTO BY ONE PARTY


MR. IGNACIO SANTANA CORTES, HEREINAFTER REFERRED TO AS
DENOMINATOR, THE ASSIGNOR, OF LEGAL AGE, FREE UNION
ADDRESS ON STREET XXXXXXX, IN FULL USE OF ITS FACULTIES
MENTAL CAPACITY TO CARRY OUT THE PRESENT, AND ON THE OTHER HAND, THE LADY

ELIZABET ARACELI SANDOVAL SOTELO, HEREAFTER REFERRED TO AS


TO DENOMINATE THE ASSIGNING PARTY, OF LEGAL AGE, MARRIED,
ADDRESS IN XXXXXXX, IN LIGHT OF THE FOLLOWING BACKGROUND AND
CLAUSES:-------------------------------BACKGROUND-------------------------------

Mr. IGNACIO SANTANA CORTES declares to be the legitimate and sole


owner of the property called COLLECTIVE EJIDO, located on STREET
KNOWN, KNOWN NUMBER, EJIDO COLONY, MUNICIPALITY OF
CHIMALHUACAN, STATE OF MEXICO, with a total area of 120
square meters, with the following measurements and boundaries.
----

NORTH. - 12.00 sweet metros y beautifulwith LOT 11.


-------------------------
SOUTH -12.00 (twelve meters) and borders LOT 13.
EAST. - 10.00 (ten meters) and borders with CENANTLI STREET.
-------------
WEST. - 10.00 (ten meters) and borders PRIVATE PROPERTY.

—II.-For its part, the ceding party states that it is aware of the property beforehand.
described, as well as the physical and legal conditions in which it is located,
Well, he has seen the respective documents, for which he accepts.
sign this contract.

-- ACCORDING TO THE ABOVE, THE PARTIES GRANT THE FOLLOWING:


CLAUSES

FIRST. - Mr. IGNACIO SANTANA CORTES, CONCEDES and Mrs.


ELIZABET ARACELI SANDOVAL SOTELO acquires for herself the
rights and obligations regarding the property mentioned in the preceding
first of this contract, with everything that is in fact and by law owed to him

correspond.
$50,000.00 (FIFTY THOUSAND PESOS 00/100 Currency)
national), which will be delivered in cash upon signing of this
contract having this as a more extensive receipt than the right proceeds.

THIRD. - This assignment of rights is governed by the following


bases: ------------------------------------------

Up to date with the payment of all your taxes.


2. Without any kind of impact on the property that is
sell.
3. Without any person enjoying the right to such.
4. The cessionary acquires the property under the conditions that are
finds him, for he knows him.
5. The assigning party is responsible for indemnity for eviction in the
terms of law.
FOURTH - The assignee becomes aware that the property they acquire is
find in the regime of ejido.

—FIFTH— The taxes, fees, charges, and expenses incurred by the


the elevation to public writing of this contract will be at the expense of the
cessionary part, except for the income tax which will be by
account de the part transferor in case of to cause it. -
—————————————————

SIXTH. - Both parties declare that there is no existence in this contract


malice, error, violence, injury, bad faith or any other vice that could
invalidate it, with the parties agreeing on the price of the operation
it the just y legal. - —————————————————-
————————————

SEVENTH. - Both contracting parties agree that the buyer


will take possession of the property subject to this contract after the
firm del present. - —————————————————-
————————————

EIGHTH. - Both parties expressly submit to the courts


competent authorities of the Judicial District of Nezahualcóyotl, State of Mexico, to
LEGAL EFFECTS THAT MAY OCCUR, IT IS ON TWO USEFUL PAGES, THAT
THE SIGNATURES HEREBY CONFIRM IT.
———————————

IGNACIO SANTANA CORTES ELIZABET ARACELI SANDOVAL


SOTELO

TRANSFEROR ASSIGNEE

WITNESS 1 WITNESS 2

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