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 »