Good morning! How is your week going? I hope everything is great! Puerto Rico Property Taxes, here you have more information on this wild subject, I hope it clears information for you and helps you! Truly yours, Santiago Lampón Puerto Rico Property Taxes – Transcript Hello and welcome to Puerto Rico legal blog. My name… Read more »
Posts Categorized: Property taxes in Puerto Rico
PROPERTY TAXES IN PUERTO RICO – THE USE OF ESCROW ACCOUNTS AT CLOSING – TRANSCRIPT
Good morning! I hope you are having an amazing week. Here is what I promised, which is part 4 on Property Taxes in Puerto Rico. I hope you find this very useful. If you have any questions don’t hesitate to call or email me. Truly yours, Santiago Lampón PROPERTY TAXES IN PUERTO RICO – THE… Read more »
Different Inheritance Laws That Apply in Puerto Rico
Although Puerto Rico has remained a U.S. territory for over a century, it is not a U.S. state. Therefore is not subject to the same laws. There are different inheritance laws that apply to Puerto Rico. They differ from the U.S. and other nations in a variety of ways. Whether looking to pass along assets… Read more »
PUERTO RICO PROPERTY TAXES – A NEW YEAR REQUIRES A “HEADS UP” FOR YOU
June marks the commencement of a new year for government purposes. Since property taxes in Puerto Rico are managed by a government agency, June marks a new year for them as well. When property taxes are due, payments are divided in two 6 months’ tax periods, with June marking the start of the first… Read more »
Property Taxes in Puerto Rico – Part 1 of 4
Real estate closings in Puerto Rico are distinctively unique in comparison to closings across most of the United States of America and other English speaking countries. Many individuals are not aware, that there is an almost direct relationship or “connection” between the language spoken and the legal system followed in any given country. Across Latin… Read more »
Property Taxes in Puerto Rico – Part 2 of 4
Through this video, #2 in a series of 4, lawyer and notary public Santiago F. Lampón continues the discussion on property taxes in connection to real estate transactions under Puerto Rico Law. This particular video covers the segregation of a property at the property tax records, which are not the same as property registry records,… Read more »
Property Taxes in Puerto Rico (The Appraisal) – Part 3 of 4
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…. Read more »
Property Taxes in Puerto Rico (Escrows at closing) – Part 4 of 4
Completing the series of episodes on property taxes, in this video lawyer and notary public Santiago F. Lampón covers the use of an escrow account to cover the potential liability for property taxes. While you should watch all episodes if you have questions about property taxes in Puerto Rico, this video stands on its own… Read more »