In Mexico, real estate leasing not only has contractual and tax implications. Under certain circumstances, it may also be classified as a vulnerable activity under the Federal Law for the Prevention and Identification of Operations with Illicit Resources (LFPIORPI).
Understanding when this classification applies—and the obligations it triggers—is essential to avoid penalties and ensure the legality of real estate transactions.
When Is Leasing Considered a Vulnerable Activity?
The LFPIORPI establishes that real estate leasing is classified as a vulnerable activity when the monthly consideration exceeds 1,605 UMAs.
In addition, when the monthly amount exceeds 3,210 UMAs, the lessor is required to file a notice with the competent authority, in accordance with the applicable legal framework.
These monetary thresholds are critical in determining the scope and level of compliance obligations applicable to the lessor.
Landlord Obligations under the LFPIORPI
When leasing transactions exceed the thresholds established by law, the landlord must comply with certain obligations, including:
- Identifying the tenant and verifying the information provided
- Collecting and retaining documentation supporting the transaction
- Filing the corresponding notices with the authorities when the applicable amounts are exceeded
Proper compliance with these obligations ensures transaction traceability and mitigates risks related to money laundering and terrorist financing.
Why Is Compliance with These Provisions Important?
Timely compliance with the LFPIORPI in real estate leasing transactions is essential because it:
- Prevents administrative and financial penalties
- Strengthens transactional transparency
- Builds trust with authorities, investors, and counterparties
- Protects the reputation of the project or real estate portfolio
Failure to comply with these obligations may result in legal contingencies that jeopardize the continuity and viability of the transaction.
Compliance and Legality at Every Stage of the Transaction
Implementing compliance measures in lease agreements and other real estate transactions should not be viewed as an additional burden, but rather as a mechanism for legal, operational, and reputational protection.
At Roqueñí Abogados, we advise our clients on the comprehensive implementation of LFPIORPI compliance obligations, ensuring that each real estate transaction is carried out in accordance with applicable regulations and with full legal certainty.
Compliance also means protecting the transaction.