Posted by & filed under Property taxes in Puerto Rico.

The assessment and payment of property taxes has become a significant issues with regards to performing closings in Puerto Rico. Through a series of videos on the subject, lawyer and notary public Santiago F. Lampón goes into some misconceptions, and also how this issue it ties up with a real estate closing in Puerto Rico.

Moving forward with the issues related to property taxes in Puerto Rico, this episode covers the appraisal of the property by the CRIM to assess the amount of taxes owed or to be paid in the future by the property owner.