Posts Categorized: Lien Release

Mortgage Lien Releases in Puerto Rico

Posted by & filed under Lien Release.

If you own, or are considering to purchase, property in Puerto Rico then it is in your best interest to understand a mortgage lien release.

A lien, including a mortgage lien, is an arrangement where one party cedes equity or a stake on a piece of property in exchange for a loan and only regains full control of said property back once their debt has been paid in full. Mortgages aren’t commonly perceived as a lien, but in essence that’s… Read more »

A Deed of Trust in Puerto Rico – Lien Constitution and Release

Posted by & filed under Lien Release, Mortgages, Title Clearing.

In our real estate practice at Lampón & Associates we regularly deal with entities and individual clients, who during the course of their business become accustomed to handling real estate transactions in the United States and other countries of the world.  When the time comes to perform a real estate transaction in Puerto Rico, the… Read more »