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 »

Real Estate Transactions in Puerto Rico – Some Common Misconceptions

Posted by & filed under Mortgages, Real Estate Transactions, Title Clearing.

A constant challenge for my practice as a real estate lawyer, has been explaining to a non-resident of Puerto Rico how a real estate transaction in Puerto Rico works. My biggest “enemy” in doing this task, are the misconceptions some individuals have on the subject. To help you have the answers that you need, here… Read more »