Subset (2)

all_codes · 1.84M rows

Split (1)

train · 1.84M rows

Subsets and Splits

Unemployment Word Count by State

Calculates the total word count of documents related to unemployment in each state, revealing insights into the volume of unemployment-related content by location.

CO Title 8 Word Count

Calculates the total number of words in the content of entries related to 'Title 8' in Colorado, providing insight into the volume of text data available for that specific category and state.

url stringlengths 42 388	state stringclasses 50 values	path stringlengths 83 10.4k	title stringlengths 34 2.24k	content stringlengths 0 2.39M
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2562/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2562 - Interest-drawing loan; secured interest	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2562 - Interest-drawing loan; secured interest	Unless there is an agreement to the contrary, a mortgage granted on an interest-drawing loan shall only secure, with prejudice to a third party, in addition to the principal, interest for the last two years that have elapsed and the part due from the current annual payment. No stipulation may be made in any case that the mortgage secures the interest for more than five years. When a lump sum is established in the deed for interest payments, it may not exceed the amount corresponding to five annual interest payments. History —Mortgage Law, 1979, § 166.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2563/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2563 - Interest payments due; security; increase in mortgage	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2563 - Interest payments due; security; increase in mortgage	In order to secure interest payments that are due and not paid which were not guaranteed in accordance with the preceding section, the creditor may demand an increase in the mortgage on the mortgaged property itself from the debtor. In no case shall this increase prejudice the real rights recorded prior to it. If the mortgaged property does not belong to the debtor, the creditor may not demand that the aforementioned increase be constituted on it, but he may exercise an equal right with regard to any other property or rights belonging to the debtor that may be mortgaged. History —Mortgage Law, 1979, § 167.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2564/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2564 - Ground rent; delinquent pension taxes; rights of creditor	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2564 - Ground rent; delinquent pension taxes; rights of creditor	A creditor of delinquent annual ground rent pension taxes may not claim restitution against the encumbered estate, with prejudice to another subsequent mortgage creditor or lender, except under the terms and with the restrictions established in the preceding §§ 2562 and 2563 of this title, but he may demand a mortgage in the event and with the limitations that he is entitled to demand on the encumbered estate. History —Mortgage Law, 1979, § 168.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2565/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2565 - Deterioration of mortgaged property; avoidance of remedy or damage	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2565 - Deterioration of mortgaged property; avoidance of remedy or damage	When the mortgaged property deteriorates, substantially depreciating its value, because of the owner’s fault, negligence or consent, the creditor may request from the Court of First Instance in the Part where the property is located a pertinent resolution ordering the owner to do or not to do what may be in order, to avoid or to remedy the damage. If, in spite of said order, the owner continues to let it deteriorate, the Court may decree judicial administration of the property. History —Mortgage Law, 1979, § 169.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2566/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2566 - Mortgage on several properties; liability for each specified; exceptions	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2566 - Mortgage on several properties; liability for each specified; exceptions	When several properties are mortgaged at the same time by a single loan, the amount or part of the lien which each must be liable for shall be specified. Excepted from what is provided above, mortgages are constituted to secure farmers’ argicultural loans, are redeemable by partial annual payments for a period not less than ten years, and interest no higher than the maximum permissible interest rate, in accordance with what is established by the legislation in force, when the mortgage debtor so recognizes or admits this in the mortgage deed, or by any other authentic means. History —Mortgage Law, 1979, § 170.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2567/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2567 - Right to claim limited to fixed liability	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2567 - Right to claim limited to fixed liability	After having recorded that part of the loan in the Registry for which each of the mortgaged properties or rights is liable, restitution may only be claimed against them with prejudice to a third party for the amount they are respectively affected, and that amount corresponding to interest, in accordance with the provisions in the preceding sections. History —Mortgage Law, 1979, § 171.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2568/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2568 - Entire loan not covered by mortgage; right to claim against other properties	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2568 - Entire loan not covered by mortgage; right to claim against other properties	If the mortgage does not cover the entire loan, what is provided in the preceding section shall be understood not to be prejudicial to the creditor’s ability to claim restitution for the difference against the remaining mortgaged properties that the debtor owns, but without preference, as to said difference, for those who have acquired a real right on the same properties after the mortgage was recorded. History —Mortgage Law, 1979, § 172.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2569/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2569 - Reduction of obligation; mortgage intact	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2569 - Reduction of obligation; mortgage intact	The mortgage shall remain intact on the total mortgaged property as long as it is not cancelled, even though the secured obligation may be reduced, and on any part of the same property that is kept, even though the remainder has disappeared, but without prejudice to what is provided in the two following sections. History —Mortgage Law, 1979, § 173.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2570/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2570 - Division of mortgaged property; effect	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2570 - Division of mortgaged property; effect	If a mortgaged property is divided into two or more properties, the mortgage loan shall only be distributed among them when the debtor and the creditor so agree. If this distribution is not made, the creditor may claim restitution for the total secured sum against any of the new properties into which the first has been divided, or against all of them at the same time. History —Mortgage Law, 1979, § 174.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2571/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2571 - Division of mortgage; partial cancellation on demand	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2571 - Division of mortgage; partial cancellation on demand	When a mortgage constituted to secure a loan has been divided among several properties and part of the loan with which one of them was encumbered is paid, partial cancellation of the mortgage on it may be demanded by the interested party. If a portion of the loan paid could be applied to the release of one or more of the encumbered properties because it is not less than the amount of the special liability of each one, the debtor shall select the one that is to be released. History —Mortgage Law, 1979, § 175.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2572/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2572 - Partial release	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2572 - Partial release	When only one property is mortgaged, or when there are several, and the liability of each has not been indicated because of the occurrence of cases foreseen in the second paragraph of § 2566 and in § 2570 of this title, no demand may be made for the release of any part of the mortgaged property regardless of what part of the loan the debtor has paid. History —Mortgage Law, 1979, § 176.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2573/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2573 - Insufficient sale price; extinction of subsequent loans	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2573 - Insufficient sale price; extinction of subsequent loans	When mortgage loans made by several creditors encumber one or several properties, and they are sold or judicially awarded for payment to the forecloser, so that the sale price does not exceed or equal the mortgage loan which is being liquidated, subsequent loans shall be understood to be extinguished de facto and de jure, and action shall be taken in accordance with the provisions in the second rule of § 2460 of this title. This shall be understood to be without prejudice to the remaining rights and actions that the deferred creditors may lawfully exercise against their debtor. History —Mortgage Law, 1979, § 177.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2574/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2574 - Equality of due dates and mortgages; distribution of prorated price	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2574 - Equality of due dates and mortgages; distribution of prorated price	Unless there is an agreement to the contrary, provided the payment of a credit secured by a mortgage is divided into several due dates, and if endorsable bearer titles have been issued, and when two or more mortgages have been constituted on a property or right in the same deed without establishing any priority, it shall be understood that none of said due dates or mortgages has preference over the others, respectively; and all shall enjoy equal rank and legal status, for the purposes of this subtitle. In the event the encumbered properties are sold judicially, and the price obtained in the auction does not cover the total of all the payments or mortgages, this price shall be prorated among the respective creditors in proportion to each one’s interest, and if any of the due dates or mortgages has not expired and the purchaser of the property or right does not wish to consign the part of the price that is in order, acquiring the property or right with the lien, it must so be recorded in the Registry, by virtue of a judicial order that at the same time shall specify the reduction made in the proceeds from the loans, in accordance with what was mentioned before. History —Mortgage Law, 1979, § 178.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2575/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2575 - Appraised value noted in deed; indispensable requirement	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2575 - Appraised value noted in deed; indispensable requirement	So that foreclosure and collection of a mortgage loan may be made either in accordance with summary or ordinary procedures, it shall be indispensable that the mortgage deed include the specified price the mortgaged property or real right is appraised at by the interested parties, so that it may serve as a standard for the first auction which must be held. Standards governing the second and third auctions are indicated in § 2721 of this title. History —Mortgage Law, 1979, § 179.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2576/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2576 - Prescription of mortgage action	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2576 - Prescription of mortgage action	The mortgage action prescribes twenty years from the date it could have been brought in accordance with the recorded title. History —Mortgage Law, 1979, § 180.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-i/2577/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter I - Mortgages Generally (§§ 2551 — 2577)›§ 2577 - Registrations and cancellations; applicable provisions	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter I - Mortgages Generally (§§ 2551 — 2577) › § 2577 - Registrations and cancellations; applicable provisions	Registration and cancellation of mortgages shall be subject to the legal standards established in §§ 2251-2361 and 2451-2473 of this title for registrations and cancellations in general, without prejudice to the special standards included in this subtitle. History —Mortgage Law, 1979, § 181.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2601/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2601 - Definition; authorized parties	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2601 - Definition; authorized parties	Voluntary mortgages are those agreed to between parties, or imposed by order of the owner of the properties or rights on which they are constituted, and may only be established by those having free disposal of these properties or rights, or, if they do not have it, they do have the legal authority to do so. History —Mortgage Law, 1979, § 182.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2602/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2602 - Establishment by himself or agent; nullity of mortgage granted by unauthorized person	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2602 - Establishment by himself or agent; nullity of mortgage granted by unauthorized person	Those who have the authority in accordance with the preceding section to establish voluntary mortgages may do so themselves or through an agent. A mortgage granted by someone who does not have the right to do so shall not be ratified even though the grantor may later acquire this right. History —Mortgage Law, 1979, § 183.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2603/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2603 - Obligation limited to mortgaged property	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2603 - Obligation limited to mortgaged property	Notwithstanding the provisions in § 2552 of this title, a valid agreement may be reached in the deed constituting a voluntary mortgage, so that the secured obligation may only be effective on the mortgaged property. In this case, the debtor’s liability and the creditor’s action shall be limited by virtue of the mortgage loan to the value of the mortgaged property and shall not touch the other assets belonging to the debtor. When the mortgage thus constituted affects two or more properties, and the value of one of them does not cover that part of the loan it is liable for, the creditor may only claim restitution for the difference against the other mortgaged properties in the manner and with the limitations established in § 2568 of this title. History —Mortgage Law, 1979, § 184.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2604/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2604 - Future obligation or subject of suspensive condition; effect on third party	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2604 - Future obligation or subject of suspensive condition; effect on third party	A mortgage constituted for the security of a future obligation or subject to a recorded suspensive condition shall become effective against a third party from the date of its registration, if the obligation is, in fact, contracted or the condition fulfilled. If the secured obligation is subject to a recorded resolutory condition, the mortgage shall be effective for a third party until fulfillment of the condition is attested to in the Registry. History —Mortgage Law, 1979, § 185.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2605/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2605 - Unilateral constitution in favor of certain person; acceptance and registration	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2605 - Unilateral constitution in favor of certain person; acceptance and registration	When voluntary mortgages are constituted by a unilateral act of the owner of the property or right mortgaged in favor of a certain person, the latter’s acceptance shall be entered in the Registry by a note, the effects of which shall be retroactive to the date of its constitution. If the acceptance of the person in whose favor the mortgage was constituted is not attested to by a notary within two months from the date on which it was required of him, said mortgage may be cancelled at the request of the owner of the property or right and by virtue of the corresponding cancellation deed, without need of the consent of the designated person in whose favor it was constituted. History —Mortgage Law, 1979, § 186.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2606/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2606 - Transaction or agreements which affect obligation; effect; novation; new registration	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2606 - Transaction or agreements which affect obligation; effect; novation; new registration	Any transaction or agreement between the parties that may modify or destroy the validity of a prior mortgage obligation, such as a payment, compensation, grace period or extension, the agreement or promise not to request the substitution of the original contract and the transaction or commitment shall not become effective against a third party, unless it appears in the Registry as a new registration, as a total or partial cancellation, or as a notation, whichever is applicable. If a transaction or agreement between the parties leads to a total or partial substitution of the recorded contract, a new registration shall be made and the preceding one shall be cancelled. When it motivates the resolution and nullity of the same contract, wholly or partially, a partial or total cancellation shall be made. And when its purpose is to put into effect a recorded contract with a pending suspensive condition, a note shall be made. History —Mortgage Law, 1979, § 187.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2607/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2607 - Requirements for valid constitution	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2607 - Requirements for valid constitution	In order for voluntary mortgages to be validly constituted, it is required: First.— That they be stipulated in a deed. Second.— That the document be recorded in the Property Registry. —Mortgage Law, 1979, § 188. History
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2608/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2608 - Exchange or postponement; requirements	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2608 - Exchange or postponement; requirements	A recorded mortgage may be exchanged for another of lower rank or postponed for another to be constituted in the future in accordance with the following requirements: First.— That the creditor who is exchanging or is going to postpone expressly consents to the exchange or postponement in a public document. Second.— That the exchange or postponement has the consent of future or intermediate creditors who appear in the Registry. In the event of an exchange or postponement, the holders of liens on the postponed or exchanged mortgage must always give their consent. Third.— That when a future mortgage is converted into one of higher rank, the maximum liability as to capital, interest costs or other concepts must be determined, as well as its maximum duration. Fourth.— That the mortgage that is to have preference, whether it be a future mortgage or one granted simultaneously, be recorded within the term necessarily agreed upon to such effect, which must not exceed four years. After the expiration of the term indicated in number four, if the new mortgage has not been recorded the right to postponement shall expire. The recording of a postponement in favor of a future mortgage shall only affect third persons acquiring the postponed mortgage. History —Mortgage Law, 1979, § 189.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2609/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2609 - Interest on loan—Requirements for security	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2609 - Interest on loan—Requirements for security	Interest on the loan shall only be considered secured by the mortgage in the manner prescribed in §§ 2562 and 2563 of this title when the stipulation and amount of said interest arise from the registration itself. The mortgage creditor may claim restitution against the mortgaged property for payment of the interest due, regardless of the date on which the capital must be refunded; but if there is a third person interested in this property who could be injured by the restitution claim, the amount claimed in the restitution claim may not be more than that guaranteed in accordance with § 2562 of this title. History —Mortgage Law, 1979, § 190.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2610/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2610 - Interest on loan—Claim by civil suit	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2610 - Interest on loan—Claim by civil suit	That part of the interest that the creditor cannot demand in a mortgage foreclosure may be claimed from the obligated person in a civil suit, except in the case foreseen in § 2603 of this title. History —Mortgage Law, 1979, § 191.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2611/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2611 - Mortgaged ground rent leasehold; redemption; right of mortgage creditor	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2611 - Mortgaged ground rent leasehold; redemption; right of mortgage creditor	When a mortgaged ground rent leasehold is redeemed, the mortgage creditor shall have the right to make the redeemer, at his option, either pay off the whole loan with the interest due and to become due, or take over his own mortgage on the property encumbered with the leasehold. In the latter case, a new mortgage registration shall be made, which shall clearly express this fact and become effective on the date of the previous registration. History —Mortgage Law, 1979, § 192.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2612/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2612 - Alienation, cession or submortgage of mortgage credit—Effect on third party	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2612 - Alienation, cession or submortgage of mortgage credit—Effect on third party	Alienation, cession or submortgaging of the mortgage credit shall affect a third party from the date of its recording in the Registry. The mortgage debtor shall not remain obligated by this contract by more than he is by his own, provided he has been notified in accordance with the following section. The cessionary shall subrogate himself to all the rights of the conveyer. History —Mortgage Law, 1979, § 193.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2613/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2613 - Alienation, cession or submortgage of mortgage credit—Notice; responsibility for failure to...	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2613 - Alienation, cession or submortgage of mortgage credit—Notice; responsibility for failure to notify	A notarized notice of the mortgage credit cession contract, submortgage or any other form of alienation of the loan shall be given to the debtor or titleholder of the property if they are different persons, unless the case in § 2614 of this title is applicable. Notification of the cession to the debtor shall appear in the registration, and if the document attesting to presentation of the notification is presented in the Registry after registration is made, the corresponding note shall be entered. When it is in order to inform the debtor of the cession of the mortgage loan, and this requirement is omitted, the conveyer shall be liable for any damages to the cessionary caused by this error. History —Mortgage Law, 1979, § 194.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2614/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2614 - Titles by endorsement or to bearer secured by mortgage— Conveyance of mortgage right	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2614 - Titles by endorsement or to bearer secured by mortgage— Conveyance of mortgage right	When a mortgage is constituted to secure titles conveyable by endorsement or to the bearer, the mortgage right shall be considered conveyed along with the title, without the need of making it known to the debtor or noting the conveyance in the Registry. History —Mortgage Law, 1979, § 195; June 14, 1980, No. 143, p. 535.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2615/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2615 - Titles by endorsement or to bearer secured by mortgage—Deed to guarantee title; content	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2615 - Titles by endorsement or to bearer secured by mortgage—Deed to guarantee title; content	A mortgage deed to guarantee titles conveyable by endorsement or to the bearer shall consign, in addition to data usually included in all mortgage loans, those regarding the number and value of the titles issued, their corresponding serial numbers, the date or dates issued, the terms and manner in which they shall be paid off and any other data that may serve to determine the conditions of said titles; and when they are to the bearer, it shall be expressly shown that the mortgage is constituted in favor of their present or future holders. Therefore, the date and number of the deed and the authorizing notary must also appear in the titles issued. In the mortgage deeds originated to guarantee title to the bearer and in mortgages to guarantee titles conveyable by endorsement to a natural or juridical person, the appearance of the natural or juridical person to whom the same are issued shall not be necessary. The provisions of § 2605 of this title shall not be applicable to these mortgages. History —Mortgage Law, 1979, § 196; June 19, 2008, No. 95, § 1.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2616/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2616 - Lines of credit; mortgage deed content	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2616 - Lines of credit; mortgage deed content	A mortgage may also be constituted to secure lines of credit, specifying in the deed the maximum amount the mortgaged property or right is liable for, and the date or maturity, showing whether the latter is extensible or not, and, if it is, the allowable extension time and the terms for liquidating the account. History —Mortgage Law, 1979, § 197.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2617/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2617 - Periodic income or remittances; constitution of secured mortgage; conditions; effect	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2617 - Periodic income or remittances; constitution of secured mortgage; conditions; effect	A mortgage may be constituted to secure periodic income or remittances by an agreement between the parties or by a unilateral act. When it is constituted by a unilateral act of the owner of the mortgaged property or right, the provisions in § 2605 of this title shall apply. If it is constituted in a last will and testament, the will, accompanied by the necessary complementary documents, shall be sufficient title to record it. The acceptance of the person collecting the rent or the beneficiary of the remittances may be given in the deed of partition of the estate or in a separate deed. Any person auctioning the properties encumbered with the mortgage indicated in this section shall acquire them with its subsistence and that of the obligation to pay the rent or remittances until it expires or is extinguished. The mortgage shall have the same effect on third parties; but with respect to rentals due and those unpaid, third parties shall only be injured in the manner indicated in §§ 2562 and 2563 of this title. Unless there is an agreement to the contrary, six months after the date consigned in the Registry, when the last rent or remittance should have been made, the titleholder of the mortgaged property or right may request cancellation of the mortgage, provided there is no record of any entry indicating that the contract has been modified or a suit filed against the debtor for the payment of said rentals or remittances. An agreement to the contrary authorized in the preceding paragraph may not, in any case, exceed five years. History —Mortgage Law, 1979, § 198.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-ii/2618/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter II - Voluntary Mortgages (§§ 2601 — 2618)›§ 2618 - Third party, subsistence of mortgage	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter II - Voluntary Mortgages (§§ 2601 — 2618) › § 2618 - Third party, subsistence of mortgage	As long as a registration is not cancelled, the mortgage shall subsist for a third party. History —Mortgage Law, 1979, § 199.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-119/subchapter-iii/2651/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 119 - Mortgages (§§ 2551 — 2651)›Subchapter III - Statutory Mortgages (§ 2651)›§ 2651 - Nature; titleholders; preference	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 119 - Mortgages (§§ 2551 — 2651) › Subchapter III - Statutory Mortgages (§ 2651) › § 2651 - Nature; titleholders; preference	A statutory mortgage is constituted in favor of the Commonwealth of Puerto Rico, the Center for Collection of Municipal Incomes of the Commonwealth of Puerto Rico, and its corresponding municipalities on the taxpayers’ property for land taxes pertaining to the last five annual assessments and for current unpaid taxes encumbering it. This statutory mortgage is implicit and specifies a preference in favor of its titleholders above all other creditors and over the third acquirer, even though he may have recorded his rights. History —Mortgage Law, 1979, § 200; Aug. 30, 1991, No. 83, § 7.07.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-121/2701/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735)›§ 2701 - Summary procedure—Applicable provisions; ordinary way; costs and attorney’s fees	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735) › § 2701 - Summary procedure—Applicable provisions; ordinary way; costs and attorney’s fees	Once a mortgage loan or its interest has wholly or partially become due, the procedure for its foreclosure and collection, when levied solely against the property encumbered with the mortgage, shall conform to the provisions in this subtitle. At his option, a mortgage creditor may also resort to ordinary judicial procedures to collect his loan, in which case only the following sections shall be applicable: 2702, 2707 pars. V and VI, 2711, 2720-2724, 2726, excluding the clause that refers to the requirement for confirmation, 2727-2729, 2731, 2732, 2734. Mortgaged properties are not liable for court costs and attorneys’ fees arising from a judicial claim on a mortgage loan, if the amount agreed upon for this purpose is not entered in the Registry. The holder of two or more overdue mortgage loans constituted by the same debtor on one or more of his properties located in the jurisdiction of a single Court of First Instance Part, may combine both the foreclosure and the collection in a single summary mortgage procedure. History —Mortgage Law, 1979, § 210; June 14, 1980, No. 143, p. 535.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-121/2702/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735)›§ 2702 - Summary procedure—Jurisdiction and venue; circumstances for determination	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735) › § 2702 - Summary procedure—Jurisdiction and venue; circumstances for determination	The Court of First Instance Part in whose jurisdiction all the mortgaged properties are located shall have jurisdiction and exclusive venue to take cognizance of the summary mortgage procedure, whatever the amount of the obligation may be, and without admitting in any way the submission of another party to the contrary. If the encumbered property is located in the jurisdiction of more than one Part, or when several mortgaged properties are located in the jurisdictions of different Court of First Instance Parts, any of them may have jurisdiction and shall be competent to take cognizance of the summary procedure. In cases covered by the preceding paragraph, the parties may choose any one of the competent Parts by mentioning it in the mortgage deed. History —Mortgage Law, 1979, § 202.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-121/2703/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735)›§ 2703 - Summary procedure—Prior requisites	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735) › § 2703 - Summary procedure—Prior requisites	In order for the procedure for foreclosure and collection of a mortgage loan to be valid, the debtor or his successors in the secured obligation must, after its expiration, first be ordered to pay the exact amount owed for all concepts, except for the amount stipulated for court costs and attorneys’ fees in the event of a judicial collection, at least twenty (20) days before the date of the beginning of the procedure. The third owner or titleholder of the encumbered property or real right shall also be ordered to pay, if his acquisition was authentically recorded or proved. This demand for payment may be made by notary or by certified mail with acknowledgment of receipt, to the last correct address of the debtor, the third owner or his heirs, with the admonition that if payment is not made within 20 days, a summary foreclosure procedure shall be initiated. If the debtor or, when applicable, the third owner, is outside Puerto Rico in hiding to avoid the payment order, or if his whereabouts are unknown and this is satisfactorily proved, the payment order shall be sent to his last known address, as well as if the debtor or the third owner had died, and his successors are unknown. If no address is known, it shall be sent to the address of the property. If the encumbered property is community property, and one of spouses is outside Puerto Rico while the other is in Puerto Rico, or if one is in hiding to avoid receiving the payment order, or his whereabouts are unknown, it shall be deemed that the delivery of said requirement has been complied with, when the spouse who is present receives it by one or another of the channels indicated in the paragraph. History —Mortgage Law, 1979, § 203; June 14, 1980, No. 143, p. 535.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-121/2704/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735)›§ 2704 - Summary procedure—Demand for payment by notary or by letter; procedure to follow when perso...	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735) › § 2704 - Summary procedure—Demand for payment by notary or by letter; procedure to follow when person is summoned	A notarial demand for payment or one made by letter mentioned in § 2703 of this title shall be made in the following way: If the person to be summoned is an adult, the payment order shall be sent to him or to his agent if he is empowered to pay his debts, to represent him in a trial or to receive notifications. If he is a minor, 14 years of age or older, he shall be summoned by notary or by mail in the manner previously indicated and, in addition, his father or mother with patria potestas, or his guardian, shall be summoned. If they are not in Puerto Rico, any person who has charge of or cares for the minor, or with whom he lives, shall be summoned instead. If he is less than 14 years of age, the notarial demand or letter must be made in his name and mailed to the parent with patria potestas or to his guardian; if they are not in Puerto Rico, it shall be addressed, instead, to any person in charge of the minor or who cares for him, or with whom he lives. If the debtor or third owner is declared legally incompetent and a guardian is named, the demand or mail dispatch shall be made instead to his guardian; and if he should be confined in an institution for the treatment of mental illnesses, the summons or dispatch must also be sent to the director of the institution. If the creditor knows that the person to be served is demented, or a deaf-mute who does not know how to read or write, suffers from mental retardation, or lacks the faculty of understanding or reasoning to such a degree that it impedes him/her from understanding what is being served to him/her or from acting in his/her defense, or if the person is a mental incompetent of any kind whose disability has not been judicially declared, and if that condition is notoriously and publicly known, he/she shall be served, or it shall be delivered to him/her personally, and also to his/her spouse, if he/she has one, or to his/her father, mother, child over 14 years of age, or to his other closest relative, or to the person who has custody of him/her. If he is confined in a penal institution, the summons shall be delivered only in notarial form, and in the presence of the director or assistant director of the institution or of the public employee who may then be taking their place. If it is a corporation, company, association or any other corporate body, the notarial summons or the mail delivery shall be made, in its name, either to the resident agent, to a director or administrative official, general agent, managing partner, or to any other person legally authorized to be summoned notarially for payment, or by mail, as indicated. History —Mortgage Law, 1979, § 204; June 14, 1980, No. 143, p. 535; Dec. 14, 1997, No. 142, § 1.
https://law.justia.com/codes/puerto-rico/title-thirty/subtitle-4/chapter-121/2705/	PR	Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005)›Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821)›Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735)›§ 2705 - Summary procedure—Payment or remittance; opportunity to make; interest	2023 Laws of Puerto Rico › TITLE THIRTY - Mortgage Law and Regulations (§§ 1-5 — 5005) › Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions (§§ 2001 — 2821) › Chapter 121 - Mortgage Foreclosure Proceedings (§§ 2701 — 2735) › § 2705 - Summary procedure—Payment or remittance; opportunity to make; interest	The payment or remittance may be made at any time prior to the filing of the initial brief, without being obligated at that time to pay all or part of the amount agreed to in the mortgage deed for court costs and attorneys’ fees. Interest must be computed and paid up to the date of their payment or remittance. If the demand for payment is notarial, the creditor must also be paid the amount provided in the Regulations, or it must be deposited in the court, for each person demanded, as sole payment for services rendered and expenses incurred in the delivery of the notarial demand. Any agreement to pay or deposit a greater amount to cover these services shall be illegal. As soon as the creditor has been paid the full amounts previously demanded of the debtor or, when applicable, the third owner, as well as the additional amount to which the previous paragraph refers, the corresponding public document for cancellation of the mortgage loan, if in order, shall be granted at the request of an interested party and before the notary designated by him; or he shall endorse the conveyable title which attested to the debt. The expenses and fees involved shall be charged to the party seeking the cancellation or endorsement. In the event it is decided to deposit the amount required by the debtor plus the payment of fees, if the order was made notarially, the original demand for payment must accompany the writ of consignment as well as a certificate that the creditor was sent a copy of the writ of consignment to his last known address by certified mail with return receipt requested. Five (5) working days after having made the judicial deposit to which this section refers when applicable, if the amount consigned coincides with the amount claimed in the demand for payment, plus the fees if made notarially, if there is no opposition, the court shall declare it properly made and consequently, the main secured obligation extinguished, and it shall order the Registrar to cancel all or part of the mortgage security, if in order. In case the amount consigned is not equal to the demand for payment, the deposit shall be invalid. If the secured obligation is represented by a negotiable title, before ordering the referred cancellation, the court shall make sure that said title is cancelled, and this shall appear in the order. History —Mortgage Law, 1979, § 205; June 14, 1980, No. 143, p. 535.