It is time to move to Puerto Rico, and you are probably at crossroads on where you should be settling. This is not strange because as a visitor, you are bound to know little about a place that you have probably never been. However, there is little to worry about because Puerto Rico offers an… Read more »
Selecting a real estate lawyer is a crucial decision to make when dealing with legal matters concerning real estate. All real estate lawyers are not the same, and there is more to selecting an attorney randomly picking a name form the phone book. Since real estate attorneys have different levels of competence, how can you… Read more »
Real estate is a business investment where huge sums of money are involved. If you are considering going at it alone, and purchasing Puerto Rican property without the aid of a real estate attorney, then you are putting yourself at high risk. There are so many fraudulent activities undergone each and day every day, and a… Read more »
A real estate attorney is a legal professional who specializes in the legal aspects of buying and selling real estate. Whether you’re a renter or home buyer looking to purchase Vieques real estate, or you want to sell your house in Puerto Rico, there are a number of reasons why you should not overlook the essentials… Read more »
“Does it make sense to me?” is a standard I use on just about everything in my daily life, including: when I speak to and listen to my son; what my neighbor tells me about a situation; what I observe while driving my car; the prices or the items on a store; while walking at… Read more »
The best way I know how to organize a closing is by stages. Nevertheless, the most important aspect of this is to establish the stage in coordination with the client and all those involved in the closing BEFORE step one is even taken. I have come to learn that a critical tool in achieving a… Read more »
There are a few categories of real estate transactions in which certain potential liabilities could occur or “appear” after the closing. In this regard, I want to shed some light on how to handle these situations through the use of an escrow account, communicate why sometimes funds need to be withheld from the seller, and… Read more »
Purchasing a property through an LLC has benefits and also a few implications. The purpose of this post is not to discourage anyone from using an LLC, but rather to provide information on some of its implications. First and perhaps foremost, the Puerto Rico Power Authority (“PREPA”) will want to charge your electricity at commercial… Read more »
You don’t have to look too hard to find reasons why purchasing a vacation home or even a primary residence in Puerto Rico is a great idea. This island nation offers up the beautiful beaches, abundant greenery, and balmy temperatures (around 80 degrees Fahrenheit year-round) that one would expect from a tropical locale. However, there… Read more »
Important Terms Defined At my law firm, we work with lawyers from many areas of the world. I find that a high percentage of the lawyers that call me to look into working together on behalf of a particular client, are very competent lawyers. Competency is simply defined in the Merriam-Webster Dictionary as “an ability… Read more »
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