1E9Ct5D

Pursuant to the civil codes of each of the states of the Mexican Republic, in order for alease agreement to be valid, it must be executed in writing. Although the civil codes of thestates generally establish the obligations of the landlord, it is advisable that the followingobligations be included in the lease agreement that is executed:a) The obligation to deliver to the tenant the leased property with all its appurtenancesand in a condition to serve for the use agreed to. In this case we recommendsigning a delivery-reception document at the time of the delivery of theproperty in which the conditions under which it is received are described in detail;b) The obligation to preserve the leased property in the same condition during thelease and make all the necessary repairs in order for the leased property to alwaysbe in good condition;c) Liability for any damages and losses suffered by the tenant as a result of hiddendefects in the leased property.72C H A P T E R I VIf the tenant must carry out works and adjustments to the property, we recommendthat such works be authorized in writing by the owner before the lease agreement is executed.In this case it is important that the designs and other documents describing theworks to be carried out be attached to the letter authorizing the works.It is also important that the duration of the lease be sufficient to allow the tenant torecuperate the investment made in the property. Furthermore, the obligation of the landlordto pay liquid damages if the contract is terminated or rescinded before its expirationdate for causes attributable to the landlord should be included.