01
What you are not buying
No token transfer, app balance or marketplace transaction by itself conveys title to land or buildings. Real-estate ownership in Mexico follows its own contractual, notarial and registry formalities.
Legal structure · Mexico
Corporate participation is not property ownership.
BRICKS is designed around participation in a private company that develops, manages and administers property-related projects in Mexico. Participation is distinct from acquiring a deed, condominium unit, co-ownership percentage or direct real right over a property.
02
What corporate participation requires
Any shareholder or partner status must be evidenced by the company's approved subscription documents, corporate resolutions, shareholder or partner registry and, where applicable, certificates. The token is not a substitute for those records.
03
Private-offering perimeter
Article 8 of Mexico's Securities Market Law permits private offerings of unregistered securities only under specific cases, including capital securities offered to fewer than 100 persons or exclusively to institutional or qualified investors. Eligibility and limits must be verified before each admission.
04
No unrestricted public offering
A public or mass-marketed offer of securities may require registration and CNBV authorization. Digital collective-financing activity carried out through electronic interfaces is reserved to CNBV-authorized institutions when it falls within the Fintech Law.
05
Not a deposit or guaranteed return
BRICKS must not present itself as a bank, savings product, regulated fund or CNBV-authorized deposit taker. Corporate participation and digital assets can lose value and distributions are not guaranteed unless valid corporate documents expressly establish them.
06
Before admission
Each participant should receive the company identity, bylaws or governing agreement, cap table mechanics, subscription instrument, use-of-proceeds disclosure, conflicts policy, risk factors, transfer restrictions, tax notice and applicable KYC/AML review.
07
Token and corporate records
On-chain transfers provide technical traceability, but corporate rights must reconcile with the legally controlling company records. If the records and blockchain differ, the signed corporate documentation governs unless Mexican counsel determines otherwise.
Current scope
This page is a product disclosure, not individualized legal, tax or investment advice and not a representation that any offering has already received regulatory approval. Final structure and investor eligibility require review by Mexican securities and corporate counsel.
Primary legal sources