Posts Categorized: The Property Registry

A NEW SYSTEM FOR THE PUERTO RICO REGISTRY

Posted by & filed under The Property Registry.

The Puerto Rico Property Registry has been undergoing a major overhaul for years. The system is now up and running. Our thoughts? "So far so good."

Management over the Puerto Rico Property Registry (“the Registry”) falls under the Puerto Rico Department of Justice. While the notary practice is overseen by the Puerto Rico Supreme Court, the actual recording of real estate transactions is a key responsibility of the Puerto Rico Attorney General’s office. The Registry has been undergoing a major overhaul… Read more »

Puerto Rico Property Registry

Posted by & filed under The Property Registry.

The Puerto Rico Property Registry is much unlike any property registry in the United States.  While on some instances you hear the phrase “the registry cannot take your rights away” it is not less true that in some instances it does. The main reason for the noticeable differences has all to do with Puerto Rico’s… Read more »

Forms of Deeds in Puerto Rico – Some further comments

Posted by & filed under Adverse Possession in Puerto Rico, Corporations and the Real Estate Market, The Property Registry, What is "untitled" property?.

Dear Subscriber: A reader posted a question on my video post about Forms of deeds in Puerto Rico.  The question was very interesting and got me to write a detailed comment in response.  Follow this link to gain access to  this additional information which I hope you will find useful. Very truly yours, Santiago F…. Read more »

OWNER’S FINANCE – MORTGAGES IN PUERTO RICO

Posted by & filed under Corporations and the Real Estate Market, The Property Registry.

In my real estate practice, I have found a recurring problem regarding the cancellation of a mortgage once it has been paid in full.  These issues affect both the lender and the borrower and usually present themselves towards the end of the relationship. Surprisingly enough, I recently participated in a closing involving a major US… Read more »