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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4185/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4185 - Division of estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4185 - Division of estate
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Estates charged with annuities cannot be divided among two (2) or more persons without the express consent of the annuitant, even when acquired by inheritance.
If the annuitant should permit the division, the part of the annuity with which each portion remains charged shall be designated with his consent, as many different annuities being constituted as there are portions in which the estate is divided.
History —Civil Code, 1930, § 1510.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4186/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4186 - Award of estate to several heirs
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4186 - Award of estate to several heirs
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If the estate charged with an annuity is to be awarded to several heirs, and the annuitant does not give his consent to the division, it shall be placed at auction among the heirs.
In the absence of agreement or if none of the parties in interest should offer the price of the appraisement, the estate shall be sold with the charge, the proceeds being distributed among the heirs.
History —Civil Code, 1930, § 1511.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4187/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4187 - Prescription of principal and income
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4187 - Prescription of principal and income
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The principal, as well as the income of annuities prescribes in accordance with the provisions of §§ 5241 to 5305 of this title.
History —Civil Code, 1930, § 1512.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4188/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4188 - Presumption of payment
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4188 - Presumption of payment
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Notwithstanding the provisions of § 3027 of this title, the payment of two (2) consecutive incomes shall be necessary to presume that all the preceding ones have been paid.
History —Civil Code, 1930, § 1513.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4189/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4189 - Taxes and other charges
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4189 - Taxes and other charges
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The person paying the annuity is obliged to pay the taxes and other charges affecting the estate charged with the annuity.
In paying the income, he may deduct therefrom the part of the charges to be paid by the annuitant.
History —Civil Code, 1930, § 1514.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4190/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4190 - Real and personal actions by annuitant
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4190 - Real and personal actions by annuitant
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Annuities give rise to a real action against the estate charged. Besides the real action, the annuitant may bring a personal action for the payment of the income in arrears and for damages and interest when proper.
History —Civil Code, 1930, § 1515.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4191/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4191 - Sterility of estate or loss of fruits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4191 - Sterility of estate or loss of fruits
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The person paying the annuity cannot ask for the remission or reduction of the income on account of an accidental sterility of the estate nor on account of the loss of its fruits.
History —Civil Code, 1930, § 1516.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4192/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4192 - Extinction of annuity upon destruction of estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4192 - Extinction of annuity upon destruction of estate
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When an estate charged with an annuity is totally destroyed or rendered useless by force majeure or by a fortuitous event, the annuity shall be extinguished, the payment of the pension discontinuing.
If it is destroyed in part only, the person paying the annuity shall not be exempt from the payment of the pension, unless he prefers to abandon the estate to the annuitant.
When there is fault on the part of the person paying the annuity, he shall be bound, in either case, to indemnify for losses and damages.
History —Civil Code, 1930, § 1517.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4193/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4193 - Application of insurance to payment of principal and income
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4193 - Application of insurance to payment of principal and income
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In the case of the first paragraph of § 4192 of this title, if the estate should be insured, the amount of the insurance shall be liable for the payment of the principal of the annuity and of the incomes due, unless the person paying the annuity should prefer to invest it in rebuilding the estate, in which case the annuity shall revive with all its effects, including the payment of the unpaid income. The annuitant may demand of the person paying the annuity that he secure the investment of the amount of the insurance in the rebuilding of the estate.
History —Civil Code, 1930, § 1518.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-309/4194/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 309 - General Provisions (§§ 4171 — 4194)›§ 4194 - Taking of estate by eminent domain
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 309 - General Provisions (§§ 4171 — 4194) › § 4194 - Taking of estate by eminent domain
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If the estate charged with an annuity is taken by eminent domain, its price shall remain liable for the payment of the principal of the annuity and of the pensions due, said annuity being extinguished.
The foregoing provisions are also applicable in the case in which the taking by eminent domain is of a part of the estate only, should its price be sufficient to cover the principal of the annuity.
Should it not be sufficient, the annuity shall continue to be charged on the remainder of the estate, provided its price be sufficient to cover the principal of the annuity and twenty-five (25) percent in addition. In any other case the person paying the annuity shall be bound either to substitute the part taken with another security or to redeem the annuity, at his option, without prejudice to the provisions of section 4214 of this title, with regard to emphyteutic annuities.
History —Civil Code, 1930, § 1519.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4211/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4211 - Establishment of emphyteutic annuity
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4211 - Establishment of emphyteutic annuity
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An emphyteutic annuity can only be charged on real property and in a public instrument.
History —Civil Code, 1930, § 1520.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4212/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4212 - Value of estate and income must be fixed
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4212 - Value of estate and income must be fixed
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At the time of the constitution of the emphyteutic annuity the value of the estate and the annual income to be paid shall be fixed in the contract, under the penalty of nullity.
History —Civil Code, 1930, § 1521.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4213/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4213 - Fixed amount or aliquot part of fruits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4213 - Fixed amount or aliquot part of fruits
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If the pension should consist of a fixed amount of fruits, the kind and quality thereof shall be determined in the contract.
Should it consist of an aliquot part of those the estate may produce, in the absence of an express stipulation as to the intervention which the legal owner may exercise, the emphyteuticary shall give to said owner or his representative previous notice of the day on which he intends to commence the gathering of each kind of fruit, in order that he may, either personally or through his representative, inspect all the operations until he receives the share belonging to him.
After the notice has been given, the emphyteuticary may gather the crops, even when neither the legal owner nor his representative or agent is present.
History —Civil Code, 1930, § 1522.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4214/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4214 - Provisions in case of eminent domain
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4214 - Provisions in case of eminent domain
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In case of the exercise of eminent domain, the provisions of the first paragraph of § 4194 of this title shall be observed if the entire estate should be thus taken.
Should it be thus taken only in part, the price of what has been taken shall be divided between the legal and beneficial owner, the former receiving the part of the principal of the annuity, which proportionally belongs to the part taken, according to the value given to the entire estate when the annuity was constituted, or which served as a basis for the redemption, and the remainder shall belong to the emphyteuticary.
In this case the annuity shall continue on the rest of the estate, with the proper reduction of the principal and the pensions, unless the emphyteuticary chooses between the total redemption or the abandonment in favor of the legal owner.
If, in accordance with what has been agreed upon, laudemio is to be paid, the legal owner shall receive that, which for this reason pertains to him, only from the part of the price belonging to the emphyteuticary.
History —Civil Code, 1930, § 1523.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4215/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4215 - Right to products, accessions, treasure, and mines
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4215 - Right to products, accessions, treasure, and mines
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The products of the estate and of its accessions belong to the emphyteuticary.
He has the same rights which the owner would have in the treasure and mines which may be discovered on the estate charged with the emphyteusis.
History —Civil Code, 1930, § 1524.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4216/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4216 - Disposition of emphyteutic estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4216 - Disposition of emphyteutic estate
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The emphyteuticary may dispose of the emphyteutic estate and of its accessions by acts inter vivos as well as by last will, reserving the rights of the legal owner, and subject to the provisions of §§ 4217 et seq. of this title.
History —Civil Code, 1930, § 1525.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4217/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4217 - Easements or charges diminishing fruits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4217 - Easements or charges diminishing fruits
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If the pension should consist of an aliquot part of the fruits of the emphyteutic estate, neither an easement nor any other charge which may diminish the proceeds of the same shall be imposed upon it without the express consent of the legal owner.
History —Civil Code, 1930, § 1526.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4218/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4218 - Gift or exchange of estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4218 - Gift or exchange of estate
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The emphyteuticary may freely bestow as a gift or exchange the estate, giving notice thereof to the legal owner.
History —Civil Code, 1930, § 1527.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4219/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4219 - Mutual rights of preemption and redemption
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4219 - Mutual rights of preemption and redemption
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The legal and beneficial owners have the mutual right of preemption and of redemption, provided they sell or give in payment their respective ownership of the emphyteutic estate.
This provision is not applicable to obligatory alienations, for reasons of public utility.
History —Civil Code, 1930, § 1528.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4220/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4220 - Notice of intention to alienate estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4220 - Notice of intention to alienate estate
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For the purposes of § 4219 of this title, a person desiring to alienate the ownership of an estate held in emphyteusis must give notice thereof to the other co-owner, stating the final price which may be offered to him, or the one for which he desires to alienate his ownership.
Within the twenty (20) days following the notice, the co-owner may make use of the right of preemption by paying the price indicated. Should he not do so, he shall lose said right and the alienation may take place.
History —Civil Code, 1930, § 1529.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4221/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4221 - Right of redemption if right of preemption not exercised
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4221 - Right of redemption if right of preemption not exercised
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If the legal owner or the emphyteuticary, in a proper case, should not have made use of the right of preemption to which § 4220 of this title refers, he may make use of that of redemption to acquire the estate for the price at which it has been sold.
In such case the redemption must be made use of within the nine (9) working days following that of the execution of the bill of sale. If said sale should be concealed, said period shall be counted from the record thereof in the registry of property.
Concealment is presumed when the instrument is not filed in the registry within the nine (9) days following that of its execution.
Besides this presumption, the concealment may be proven by any other legal means.
History —Civil Code, 1930, § 1530.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4222/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4222 - Time for redemption after alienation without notice
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4222 - Time for redemption after alienation without notice
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If the alienation has taken place without the previous notice prescribed in § 4220 of this title, the legal owner, and, in a proper case, the beneficial owner may exercise the action of redemption at any time, until one (1) year has elapsed, to be counted from the day the alienation is entered in the registry of property.
History —Civil code, 1930, § 1531.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4223/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4223 - Preemption and redemption in judicial sales
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4223 - Preemption and redemption in judicial sales
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In judicial sales of emphyteutic estates, the legal owner and the beneficial one, in their respective cases, may make use of the right of preemption within the period fixed in the notices of the sale at auction, paying the price which may serve as a basis for the auction and that of the redemption within the nine (9) working days following that of the execution of the instrument.
In such case, the previous notice required by § 4220 of this title shall not be necessary.
History —Civil Code, 1930, § 1532.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4224/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4224 - Alienation of several estates charged with same annuity
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4224 - Alienation of several estates charged with same annuity
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If there are several estates alienated, charged with the same annuity, the right of preemption or that of redemption cannot be exercised with regard to some of them and to the exclusion of others.
History —Civil Code, 1930, § 1533.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4225/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4225 - Right of redemption of owners pro indiviso
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4225 - Right of redemption of owners pro indiviso
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When the legal or beneficial ownership is vested in several persons pro indiviso, each one of them may make use of the right of redemption subject to the rules established for that of owners in common, preference being given to the legal owner if a part of the beneficial ownership should have been alienated, or to the emphyteuticary if the alienation should have been of the legal ownership.
History —Civil Code, 1930, § 1534.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4226/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4226 - When emphyteuticary disturbed in right may claim indemnity
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4226 - When emphyteuticary disturbed in right may claim indemnity
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If the emphyteuticary should be disturbed in his right by a third party who disputes the legal ownership or the validity of the emphyteusis, he cannot claim the corresponding indemnity from the legal owner if he does not summon him for the eviction, in accordance with the provisions of section 3838 of this title.
History —Civil Code, 1930, § 1535.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4227/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4227 - Payment of laudemio to legal owner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4227 - Payment of laudemio to legal owner
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In alienations for a valuable consideration of emphyteutic estates, laudemio shall be paid to the legal owner only when it has been expressly stipulated in the contract of emphyteusis.
If, when it has been stipulated, a fixed sum has not been specified, it shall consist of two (2) percent of the price of the alienation.
In emphyteusis prior to the promulgation of this Code, which may be subject to the payment of laudemio, even though it should not have been stipulated, this prestation shall continue in the usual manner, but it shall not exceed two (2) percent of the price of the alienation, unless a higher one has been expressly agreed upon.
History —Civil Code, 1930, § 1536.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4228/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4228 - Obligation to pay laudemio
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4228 - Obligation to pay laudemio
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The obligation to pay laudemio pertains to the person acquiring the estate, unless there is a stipulation to the contrary.
History —Civil Code, 1930, § 1537.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4229/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4229 - Prescription of action for laudemio
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4229 - Prescription of action for laudemio
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If the emphyteuticary should have obtained permission from the legal owner for the alienation, or should have given him the previous notice prescribed in § 4220 of this title, the legal owner cannot demand the payment of laudemio except within a year following the day on which the public instrument is entered in the registry of property. With the exception of these cases this action shall be subject to ordinary prescription.
History —Civil Code, 1930, § 1538.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4230/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4230 - Acknowledgment of right of legal owner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4230 - Acknowledgment of right of legal owner
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The legal owner may every twenty-nine (29) years demand the acknowledgment of his right by the person who is in possession of the emphyteutic estate.
The expenses of the acknowledgment shall be borne by the emphyteuticary, but no other prestation whatever, for this reason, shall be required of him.
History —Civil Code, 1930, § 1539.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4231/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4231 - Forfeiture and restitution of estate
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4231 - Forfeiture and restitution of estate
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The estate shall be forfeited and the legal owner may demand its restitution:
(1) By nonpayment of the pension for three (3) consecutive years.
(2) If the emphyteuticary does not comply with the conditions stipulated in the contract or seriously impairs the estate.
History —Civil Code, 1930, § 1540.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4232/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4232 - Demand for payment prior to forfeiture
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4232 - Demand for payment prior to forfeiture
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In order that the legal owner may demand the forfeiture in the first case of § 4231 of this title, he must demand payment of the emphyteuticary, either judicially or through a notary, and should the latter not pay within the thirty (30) days following the demand the right of the owner may be freely exercised.
History —Civil Code, 1930, § 1541.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4233/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4233 - Redemption after forfeiture
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4233 - Redemption after forfeiture
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The emphyteuticary may free himself from the forfeiture, in every case, by redeeming the annuity and paying the pensions due within the thirty (30) days following the formal demand for the payment or the summons for the suit.
The creditors of the emphyteuticary may make use of the same right within thirty (30) days following that on which the legal owner may have recovered the full ownership.
History —Civil Code, 1930, § 1542.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4234/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4234 - Redemption of emphyteusis
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4234 - Redemption of emphyteusis
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The redemption of the emphyteusis shall consist in a payment of cash in full to the legal owner for the principal which may have been fixed as the value of the estate at the time of the constitution of the annuity, and no other prestation can be exacted, unless it should have been stipulated.
History —Civil Code, 1930, § 1543.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4235/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4235 - Payments for improvements or deterioration upon forfeiture or rescission
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4235 - Payments for improvements or deterioration upon forfeiture or rescission
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In case of forfeiture, or in that of rescission of the contract of emphyteusis for any reason whatsoever, the legal owner must pay for the improvements which may have increased the value of the estate, provided such increase exist at the time of the restitution.
If the estate has deteriorated, through fault or negligence on the part of the emphyteuticary, the deterioration shall be set off against the improvements, and, insofar as they do not suffice, the emphyteuticary shall remain personally bound to pay for them, as well as for the pensions due and not prescribed.
History —Civil Code, 1930, § 1544.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4236/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4236 - Reversion of estate to legal owner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4236 - Reversion of estate to legal owner
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In the absence of testamentary heirs, descendants, ascendants, a surviving spouse, and relatives within the sixth degree of the last emphyteuticary, the estate shall revert to the legal owner in the condition in which it may exist, unless the emphyteuticary had disposed of it in another manner.
History —Civil Code, 1930, § 1545.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-i/4237/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237)›§ 4237 - Sub-emphyteusis invalid
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter I - Provisions Referring to Emphyteusis (§§ 4211 — 4237) › § 4237 - Sub-emphyteusis invalid
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The contract of sub-emphyteusis shall not be valid in the future.
History —Civil Code, 1930, § 1546.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-311/subchapter-ii/4251/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251)›Subchapter II - Other Contracts Analogous to That of Emphyteusis (§ 4251)›§ 4251 - Provisions governing analogous charges
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 311 - Emphyteutic Annuities (§§ 4211 — 4251) › Subchapter II - Other Contracts Analogous to That of Emphyteusis (§ 4251) › § 4251 - Provisions governing analogous charges
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Charges of a similar character which may be established after the promulgation of this Code, should they be for an unlimited time, shall be governed by the provisions established for emphyteusis in the preceding subchapter.
Should they be temporary or for a limited period, they shall be considered as leases and shall be governed by the provisions relating to such contracts.
History —Civil Code, 1930, § 1547.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4261/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4261 - Determination of pension payable in fruits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4261 - Determination of pension payable in fruits
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When the payment of the pension of the transferable annuity is stipulated in fruits, the species, quantity, and quality of the same must be fixed, and cannot consist of an aliquot part of those which the estate charged with the annuity may produce.
History —Civil Code, 1930, § 1548.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4262/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4262 - Redemption of transferable annuity
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4262 - Redemption of transferable annuity
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The redemption of a transferable annuity shall consist in the return to the annuitant in cash and in full of the principal paid for the constitution of the annuity.
History —Civil Code, 1930, § 1549.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4263/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4263 - Right of annuitant when estate subject to real action
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4263 - Right of annuitant when estate subject to real action
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When a real action is proper against an estate, charged with an annuity, for the payment of pensions, if what remains of the value of the same is not sufficient to cover the principal of the annuity and twenty-five (25) percent in addition, the annuitant may oblige the person paying the annuity, at the latter’s option, to redeem the annuity or to complete the guarantee or to abandon the remainder of the estate in favor of the former.
History —Civil Code, 1930, § 1550.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-313/4264/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 313 - Transferable Annuities (Censos Consignativos)›§ 4264 - Other cases in which value of estate is insufficient
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 313 - Transferable Annuities (Censos Consignativos) › § 4264 - Other cases in which value of estate is insufficient
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The annuitant may also make use of the right mentioned in § 4263 of this title in the other cases in which the value of the estate should be insufficient to cover the principal of the annuity, and twenty-five (25) percent in addition if any of the following circumstances exist:
(1) If the value of the estate should have decreased by the fault or negligence of the person paying the annuity.
In such case the latter shall also be liable for losses and damages.
(2) When the person paying the annuity has failed to pay the pensions for two (2) consecutive years.
(3) When the person paying the annuity may have been declared a bankrupt or insolvent.
History —Civil Code, 1930, § 1551.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4281/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4281 - Appraisal of estate required for reservative annuities
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4281 - Appraisal of estate required for reservative annuities
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Reservative annuities cannot be validly constituted unless preceded by an appraisement of the estate by an estimate agreed to by the parties or upon a just expert appraisal.
History —Civil Code, 1930, § 1552.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4282/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4282 - Redemption
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4282 - Redemption
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The redemption of this annuity shall take place by the person who pays it, delivering to the annuitant in cash and in full the principal which may have been fixed in accordance with § 4281 of this title.
History —Civil Code, 1930, § 1553.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4283/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4283 - Determination of pension payable in fruits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4283 - Determination of pension payable in fruits
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The provisions of § 4261 of this title are applicable to reservative annuities.
History —Civil Code, 1930, § 1554.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-vii/chapter-315/4284/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VII - Annuities (Censos)›Chapter 315 - Reservative Annuities (§§ 4281 — 4284)›§ 4284 - Redemption or abandonment by debtor
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VII - Annuities (Censos) › Chapter 315 - Reservative Annuities (§§ 4281 — 4284) › § 4284 - Redemption or abandonment by debtor
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In the cases prescribed in §§ 4263 and 4264 of this title, the debtor of the reservative annuity can only be obliged to redeem the annuity or to abandon the estate in favor of the annuitant.
History —Civil Code, 1930, § 1555.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4311/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4311 - Partnership defined
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4311 - Partnership defined
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Partnership is a contract by which two or more persons bind themselves to contribute money, property or industry to a common fund, with the intention of dividing the profits among themselves.
History —Civil Code, 1930, § 1556.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4312/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4312 - Objects and interests; profits on dissolution of illicit partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4312 - Objects and interests; profits on dissolution of illicit partnership
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Partnerships must have licit objects, and must be established for the common interests of the partners.
When the dissolution of an illicit partnership is declared, the profits shall be devoted to the charitable institutions of the domicile of the partnership, and, in their absence, to those of the Commonwealth of Puerto Rico.
History —Civil Code, 1930, § 1557.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4313/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4313 - Establishment of civil partnerships
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4313 - Establishment of civil partnerships
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Civil partnerships may be established in any form whatever, unless when real property or property rights should be contributed to the same, in which case a public instrument shall be necessary.
History —Civil Code, 1930, § 1558.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4314/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4314 - Inventory of real property required for articles of copartnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4314 - Inventory of real property required for articles of copartnership
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Articles of copartnership are void, if real property is contributed to the same, if an inventory of said property is not made, signed by the parties, and which must be attached to the instrument.
History —Civil Code, 1930, § 1559.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4315/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4315 - Personality of partnerships whose articles are secret
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4315 - Personality of partnerships whose articles are secret
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Partnerships, the articles of which are kept secret among the partners, and in which each one of the latter may contract in his own name with third persons, shall have no judicial personality.
This kind of partnership shall be governed by the provisions relating to property held in common.
History —Civil Code, 1930 § 1560.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4316/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4316 - Forms of civil partnerships
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4316 - Forms of civil partnerships
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Civil partnerships, on account of the objects to which they are devoted, may adopt all the forms accepted by § 1001 of Title 10. In such case its provisions shall be applicable insofar as they do not conflict with those of this title.
History —Civil Code, 1930, § 1561.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4317/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4317 - General or particular partnerships
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4317 - General or particular partnerships
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Partnerships are general or particular.
History —Civil Code, 1930, § 1562.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4318/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4318 - Forms of general partnerships
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4318 - Forms of general partnerships
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General partnerships may consist of all the present property or of the profits.
History —Civil Code, 1930, § 1563.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4319/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4319 - General partnerships of present property
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4319 - General partnerships of present property
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Partnerships which include all the present property are those in which the parties contribute all the property which actually belongs to them to a common fund, with the intention of dividing the same among themselves, as well as all the profits they may acquire therefrom.
History —Civil Code, 1930, § 1564.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4320/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4320 - General partnerships of present property—Property and profits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4320 - General partnerships of present property—Property and profits
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In general partnerships of all present property, what belongs to each of the partners becomes the common property of all the partners, as well as all the profits which they may acquire therewith.
An agreement for the division of any other profits may also be made, but the property which the partners acquire subsequently by inheritance, legacy, or gifts, shall not be included in the same, but the fruits of said property may be.
History —Civil Code, 1930, § 1565.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4321/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4321 - General partnerships of profits
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4321 - General partnerships of profits
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General partnerships of profits include all that the partners may acquire by their industry or work during the continuation of the partnership.
Personal or real property which each of the partners may possess at the time of the celebration of the agreement shall continue to be their private property, the usufruct only passing to the partnership.
History —Civil Code, 1930, § 1566.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4322/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4322 - Articles of general partnership not specifying nature
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4322 - Articles of general partnership not specifying nature
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Articles of general copartnership executed without specifying its nature only constitute a general partnership of profits.
History —Civil Code, 1930, § 1567.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4323/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4323 - Persons disqualified to contract general partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4323 - Persons disqualified to contract general partnership
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Persons who are forbidden to mutually grant each other gifts or advantages cannot contract among themselves a general partnership.
History —Civil Code, 1930, § 1568.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-319/4324/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 319 - General Provisions (§§ 4311 — 4324)›§ 4324 - Object of particular partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 319 - General Provisions (§§ 4311 — 4324) › § 4324 - Object of particular partnership
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A particular partnership has for its object specified things only, their use or profits, or a specified undertaking, or the exercise of a profession or art.
History —Civil Code, 1930, § 1569.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4341/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4341 - When partnership begins
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4341 - When partnership begins
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A partnership begins from the moment of the making of the agreement, if not otherwise stipulated.
History —Civil Code, 1930, § 1570.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4342/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4342 - Term of partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4342 - Term of partnership
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A partnership continues during the time agreed upon; in the absence of an agreement, for such time as the business which has been the exclusive object of the partnership may last, if by its nature it has a limited duration; and in any other case during the lives of the partners, without prejudice to the rights reserved to them by § 4391 of this title and to the provisions of § 4395 of this title.
History —Civil Code, 1930, § 1571.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4343/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4343 - Partners debtors for contribution
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4343 - Partners debtors for contribution
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Every partner is a debtor of the partnership for whatever he has promised to contribute thereto.
He is also bound to eviction with regard to the specified and determined things he may have contributed to the partnership in the same cases and in the same manner as a vendor is bound with regard to the vendee.
History —Civil Code, 1930, § 1572.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4344/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4344 - Interest on debt of partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4344 - Interest on debt of partner
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A partner who has bound himself to contribute a sum of money and fails to do so is at law a debtor for the interest thereon, from the day on which he should have contributed the same, without prejudice to indemnifying furthermore for the damages he may have caused thereby.
The same shall take place with regard to amounts he may have taken from the common funds, and interest shall be earned from the day on which he took them for his private use.
History —Civil Code, 1930, § 1573.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4345/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4345 - Indebtedness of partner giving services
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4345 - Indebtedness of partner giving services
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A partner who gives his services but contributes no capital owes to the partnership the profits which, during its existence, he may have earned in a branch of the industry which is the object of the partnership.
History —Civil Code, 1930, § 1574.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4346/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4346 - Disposition of sums collected from debtor of partner and of partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4346 - Disposition of sums collected from debtor of partner and of partnership
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If a partner who is authorized to manage collects a demandable sum, which was owed to him in his own name, from a person who owed the partnership another sum, also demandable, the sum collected shall be charged to the two (2) credits in proportion to their amounts, even when he may have given a receipt for his own account only; but should he have given it on account of the common funds, it shall all be charged to the credit of the latter.
The provisions of this section are understood without prejudice to the debtor using the privilege granted to him in § 3176 of this title, but only in the case the personal credit of the partner is more burdensome to him.
History —Civil Code, 1930, § 1575.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4347/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4347 - Obligation of partner receiving his share of credit if debtor later becomes insolvent
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4347 - Obligation of partner receiving his share of credit if debtor later becomes insolvent
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A partner who has received in full his share of a partnership credit, when the other partners had not collected theirs, is obliged, if the debtor afterwards becomes insolvent, to contribute to the partnership capital what he received, even though he may have given the receipt for his share only
History —Civil Code, 1930, § 1576.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4348/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4348 - Liability of partner for losses and damages
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4348 - Liability of partner for losses and damages
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Every partner shall be liable to the partnership for the losses and damages suffered by it through his fault, and he cannot compensate them with the benefits which he may have given to the partnership by his services.
History —Civil Code, 1930, § 1577.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4349/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4349 - Risk of things contributed to partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4349 - Risk of things contributed to partnership
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The risk of things, certain and specified, which are not perishable, contributed to the partnership in order that only their use and fruit be common, shall be borne by the partner owning them.
If the things contributed are perishable, or if they cannot be kept without deteriorating, or if they were contributed to be sold, the risk shall be borne by the partnership. It shall also be borne by the same in the absence of a special agreement with regard to the things contributed and appraised in the inventory, and, in such case, the claim shall be limited to the value at which they were appraised.
History —Civil Code, 1930, § 1578.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4350/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4350 - Liability of partnership to partners for disbursements and obligations
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4350 - Liability of partnership to partners for disbursements and obligations
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The partnership is liable to every partner for the amounts he may have disbursed on account of the same and for the proper interest; it shall also be liable to every partner for the obligations he may have contracted in good faith by reason of the partnership business, and for risks inseparable from its management.
History —Civil Code, 1930, § 1579.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4351/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4351 - Losses and profits—Distribution; shares of partners
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4351 - Losses and profits—Distribution; shares of partners
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The losses and profits shall be distributed in accordance with what has been agreed upon. If an agreement exists only with regard to the share of each one in the profits, his share in the losses shall be in the same proportion.
In the absence of an agreement, the share of each partner in the profits and losses shall be in proportion to what he may have contributed. The partner who contributes his services only shall receive a share equal to the one who has contributed the least. If besides his services he should have contributed capital, he shall also receive the proportional share which may pertain to him for this capital.
History —Civil Code, 1930, § 1580.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4352/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4352 - Losses and profits—Designation of shares by third person
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4352 - Losses and profits—Designation of shares by third person
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If the partners have agreed to intrust to a third person the designation of the share of each one in the profits and losses, said designation can be impugned only if it has evidently been made contrary to equity. In no case shall the partner, who has commenced to execute the decision of the third person or who has not impugned the same within a period of three (3) months, counted from the time he had knowledge thereof, object thereto.
The designation of the losses and profits cannot be intrusted to one of the partners.
History —Civil Code, 1930, § 1581.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4353/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4353 - Losses and profits—Agreements excluding partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4353 - Losses and profits—Agreements excluding partner
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An agreement in which one or more of the partners are excluded from any share in the profits or losses is void.
Only the partner contributing his services but no capital may be exempted from any liability in the losses.
History —Civil Code, 1930, § 1582.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4354/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4354 - Powers of managing partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4354 - Powers of managing partner
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The partner who has been appointed manager in the articles of copartnership may execute all administrative acts, notwithstanding the opposition of his partners, unless he should act in bad faith; and his power is irrevocable without legitimate cause.
A power executed after the agreement, without there having been stipulated therein that it should be conferred, may be revoked at any time.
History —Civil Code, 1930, § 1583.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4355/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4355 - Attributes when two or more partners entrusted with management
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4355 - Attributes when two or more partners entrusted with management
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If two or more partners have been entrusted with the management of the partnership without their duties having been fixed, or without a statement having been made that one of them shall not act without the consent of the others, each one may severally exercise all acts of administration; but any of them may oppose the acts of the others before they have produced any legal effect.
History —Civil Code, 1930, § 1584.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4356/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4356 - Agreement requiring consent of all managing partners
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4356 - Agreement requiring consent of all managing partners
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In case it should have been agreed that some of the managing partners are not to act without the consent of the others, the consent of all shall be necessary for the validity of the acts; and the absence or incapacity of any one of them cannot be alleged unless there should be imminent danger of a serious or irreparable injury to the partnership.
History —Civil Code, 1930, § 1585.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4357/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4357 - Rules in absence of agreement as to form of management
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4357 - Rules in absence of agreement as to form of management
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Should no agreement have been made with regard to the form of management, the following rules shall be observed:
(1) All the partners shall be considered agents, and whatever any one of them may do by himself shall bind the partnership; but each one may oppose the act of the others before they may have produced any legal effect.
(2) Every partner may make use of the things which make up the partnership capital, according to the customs of the country, provided he does not do so against the interest of the partnership or in such manner as to prevent the use thereof to which his copartners are entitled.
(3) Every partner may force the others to defray together with him the expenses necessary for the preservation of the things owned in common.
(4) None of the partners can, without the consent of the others, make any alteration in the partnership real property, even should he allege that it is useful to the partnership.
History —Civil Code, 1930, § 1586.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-i/4358/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358)›§ 4358 - Right of partner to associate another person in his share
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter I - Obligations of Partners Among Themselves (§§ 4341 — 4358) › § 4358 - Right of partner to associate another person in his share
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Every partner may associate another person in his share, but said person shall not enter the partnership without the unanimous consent of the other partners, even when the former is the manager.
History —Civil Code, 1930, § 1587.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4371/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373)›§ 4371 - Liability of partnership for acts of a partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › § 4371 - Liability of partnership for acts of a partner
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In order that the partnership may be liable to a third person for the acts of one of the partners, it is necessary:
(1) That the partner should have acted as such for the account of the partnership.
(2) That he should have the power to bind the partnership by virtue of an express or implied authority.
(3) That he may have acted within the limits of his power or authority.
History —Civil Code, 1930, § 1588.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4372/
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373)›§ 4372 - Partners not jointly bound for debts of partnership; liability for acts of partner in own n...
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › § 4372 - Partners not jointly bound for debts of partnership; liability for acts of partner in own name; special partnerships
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The partners shall not be jointly and severally liable for the partnership’s debts, and no one can hold the other liable for a personal act, if the power to do so has not been conferred on him.
The partnership shall not be held liable to a third party for acts that a partner has performed in his own name or without the partnership’s authority to do so; but it is liable to the partner in whatever way said acts have resulted in benefit thereof.
The provisions of this section are understood to be without prejudice of what is established in Rule 1 of § 4357 of this title.
Notwithstanding the provisions in any other part of this Code, the partners who form a “special partnership” created under applicable laws in force, and in compliance with all the requirements of Supplement “P” of Chapter 3 of Act No. 91 of June 29, 1954, as amended, known as the “Income Tax Act of 1954”, or Subchapter K of Chapter 3 of Act No. 120 of October 31, 1994, known as the “Puerto Rico Internal Revenue Code of 1994”, and which state so in their name with the Spanish acronym “S.E” after the name of the partnership, shall not be liable with their personal patrimony for the debts and obligations of the partnership beyond their contribution to the special partnership, in the event that the partnership’s patrimony is insufficient to cover the same. Nothing of the herein provided shall be construed to limit the obligations of a partner for his/her personal actions.
History —Civil Code, 1930, § 1589; Sept. 27, 1985, No. 3, p. 832; July 19, 1997, No. 37, § 1.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-321/subchapter-ii/4373/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 321 - Obligations of Partners (§§ 4341 — 4373)›Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373)›§ 4373 - Preference of creditors of partnership; attachment of share by creditors of partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 321 - Obligations of Partners (§§ 4341 — 4373) › Subchapter II - Obligations of Partners With Regard to Third Persons (§§ 4371 — 4373) › § 4373 - Preference of creditors of partnership; attachment of share by creditors of partner
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The creditors of the partnership shall be preferred to the creditors of each partner with regard to the partnership property. Without prejudice to this right, the private creditors of each partner may demand the attachment and sale at auction of the latter’s share in the partnership capital.
History —Civil Code, 1930, § 1590.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4391/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4391 - Partnership, how extinguished
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4391 - Partnership, how extinguished
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A partnership is extinguished:
(1) When the term for which it was constituted expires.
(2) When the thing is lost, or the business for which it was constituted ends.
(3) By the natural death or insolvency of any of the partners, and in the case foreseen in § 4373 of this title.
(4) By the will of any of the partners, subject to the provisions of §§ 4396 and 4398 of this title.
The partnerships referred to in § 4316 of this title are excepted from the provisions of subsections (3) and (4) of this section, in the cases in which they should exist, according to §§ 1001 et seq. of Title 10.
History —Civil Code, 1930, § 1591; Jan. 10, 1998, No. 17, § 13.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4392/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4392 - Loss of specific thing
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4392 - Loss of specific thing
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If a specific thing, which a partner had promised to contribute to the partnership, perishes before the delivery has been effected, its loss produces the dissolution of the partnership.
A partnership shall also be dissolved, in any case, by the loss of the thing, when the partner who contributes it reserves to himself the ownership thereof and transfers to the partnership the use or enjoyment of the same only.
But the partnership shall not be dissolved by the loss of the thing when this loss occurs after the ownership thereof has been acquired by the partnership.
History —Civil Code, 1930, § 1592.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4393/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4393 - Extension of duration of partnership
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4393 - Extension of duration of partnership
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A partnership established for a specified time may be extended by the consent of all the partners.
The consent may be express or implied and it may be proven by the ordinary means.
History —Civil Code, 1930, § 1593.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4394/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4394 - Extension before and after expiration of term
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4394 - Extension before and after expiration of term
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If the partnership is extended after the expiration of its term, it is understood that a new partnership is established. If it is extended before the expiration of the term, the original partnership continues.
History —Civil Code, 1930, § 1594.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4395/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4395 - Continuation after death of partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4395 - Continuation after death of partner
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A stipulation is valid which provides that on the death of one of the partners the partnership shall continue among the survivors. In such case the heir of the deceased shall only be entitled to have a division made, fixing it on the day of the death of his constituent; and he shall participate in the subsequent rights and obligations only insofar as they are a necessary consequence of what has been done before said day.
If the stipulation should be that the partnership shall continue with the heir, it shall be enforced without prejudice to the provisions of subsection (4) of § 4391 of this title.
History —Civil Code, 1930, § 1595.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4396/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4396 - Dissolution by will or withdrawal of partner
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4396 - Dissolution by will or withdrawal of partner
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The dissolution of the partnership by the will or withdrawal of one of the partners shall only take place when a term for its duration has not been fixed, or if this term does not appear from the nature of the business.
In order that the withdrawal may be of effect, it must be made in good faith at the proper time; notice thereof shall also be given to the other partners.
History —Civil Code, 1930, § 1596.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4397/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4397 - Withdrawal in bad faith; inopportune time
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4397 - Withdrawal in bad faith; inopportune time
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A withdrawal is in bad faith when the person who makes it proposes to appropriate to himself alone the benefits which should be common. In such case the person who renounces it does not free himself from liability to his partners, and they shall have the power to exclude him from the partnership.
A withdrawal shall be presumed as not made at the proper time when, the things not being integral, the partnership is interested in delaying its dissolution. In such case the partnership shall continue until the conclusion of the pending transactions.
History —Civil Code, 1930, § 1597.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4398/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4398 - When dissolution not demandable
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4398 - When dissolution not demandable
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No partner can demand the dissolution of a partnership which, either by a provision of the articles or by the nature of the business, has been constituted for a specified time unless there should exist sufficient reason, such as when one of the partners fails to comply with his obligations, or when he becomes incapacitated for the partnership business, or any other similar cause, in the judgment of the courts.
History —Civil Code, 1930, § 1598.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-viii/chapter-323/4399/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART VIII - Partnership (§§ 4311 — 4399)›Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399)›§ 4399 - Rules governing distribution among partners
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART VIII - Partnership (§§ 4311 — 4399) › Chapter 323 - Manner of Dissolving Partnership (§§ 4391 — 4399) › § 4399 - Rules governing distribution among partners
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The distribution among the partners shall be governed by the rules for inheritances, with regard to its form as well as to the obligations arising therefrom. The partner contributing his services only shall not be given any part of the property contributed, but only its fruits and profits, in accordance with the provisions of § 4351 of this title, unless the contrary has been expressly stipulated.
History —Civil Code, 1930, § 1599.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421 - Agency defined
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421 - Agency defined
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By the contract of agency, a person binds himself to render some service, or to do something for the account or at the request of another.
History —Civil Code, 1930, § 1600.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421a/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421a - Durable power of attorney—Definition
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421a - Durable power of attorney—Definition
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A durable power of attorney is an instrument made by public deed for the administration of property and for any other matter, expressly containing a provision establishing that the same shall become valid and remain effective even after the principal becomes or is adjudicated incapacitated by a court. The notary shall be required to include in the durable power of attorney a statement warning the principal of the nature and consequences of the durable power of attorney he/she intends to execute.
History —Civil Code, 1930, added as § 1600A on Jan. 18, 2012, No. 25, § 1.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421b/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421b - Description of the real property of the principal in the durable power of attorney
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421b - Description of the real property of the principal in the durable power of attorney
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In the event that the durable power of attorney provides for the alienation of one or more real properties of which the principal is the owner, in whole or in part, a description thereof shall be included therein. The real property of which the Principal is the owner, in whole or in part, and that constitutes his/her homestead shall also be identified. If the principal wishes that the power includes any property acquired after the execution thereof, it shall thus be stated in the document. The principal may exclude from such authorization any property or action that he/she wishes.
History —Civil Code, 1930, added as § 1600B on Jan. 18, 2012, No. 25, § 2.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421c/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421c - When the principal becomes incapacitated
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421c - When the principal becomes incapacitated
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By virtue of the provisions of § 4421a of this title, when the principal becomes incapacitated or is adjudicated incapacitated by a court, the agent may exercise all the duties and powers granted in the durable power of attorney. However, in the case of the principal’s homestead property, the agent may only dispose of, encumber, or alienate said property, equipment, and furnishings if authorization from the appropriate court is previously obtained.
History —Civil Code, 1930, added as § 1600C on Jan. 18, 2012, No. 25, § 3.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4421d/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4421d - Applicability of other provisions of the Code
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4421d - Applicability of other provisions of the Code
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All other provisions of the Code pertaining to a power contract shall apply to a durable power of attorney, provided, that such provisions are not inconsistent with the provisions of §§ 4421a-4421c of this title.
History —Civil Code, 1930, added as § 1600D on Jan. 18, 2012, No. 25, § 4.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4422/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4422 - Express or implied
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4422 - Express or implied
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An agency may be express or implied.
An express agency may be given by a public or private instrument and even by parol.
The acceptance may also be express or implied, the latter being inferred from the acts of the agent.
History —Civil Code, 1930, § 1601.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4423/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4423 - Presumption of gratuitous agency or of obligation of compensation
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4423 - Presumption of gratuitous agency or of obligation of compensation
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In the absence of an agreement to the contrary, the agency is presumed to be gratuitous.
Nevertheless, if the agent has for an occupation the performance of services of the kind to which the agency refers, the obligation of compensating him is presumed.
History —Civil Code, 1930, § 1602.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4424/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4424 - General and special agency defined
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4424 - General and special agency defined
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Agency is general or special.
The former includes all the business of the principal.
The latter, one or more specific transactions.
History —Civil Code, 1930, § 1603.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4425/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4425 - Agency stated in general terms; express commission; power to compromise
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4425 - Agency stated in general terms; express commission; power to compromise
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An agency stated in general terms only includes acts of administration.
In order to compromise, alienate, mortgage, or to execute any other act of strict ownership, an express commission is required.
The power to compromise does not give authority to place the matter in the hands of arbitrators or amicable compromisers.
History —Civil Code, 1930, § 1604.
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https://law.justia.com/codes/puerto-rico/title-thirty-one/subtitle-4/part-ix/chapter-327/4426/
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PR
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Justia›US Law›US Codes and Statutes›Laws of Puerto Rico›2023 Laws of Puerto Rico›TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305)›Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305)›PART IX - Agency (§§ 4421 — 4488)›Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429)›§ 4426 - Scope of authority cannot be exceeded
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2023 Laws of Puerto Rico › TITLE THIRTY-ONE - Civil Code (§§ 1 — 5305) › Subtitle 4 - Obligations and Contracts (§§ 2991 — 5305) › PART IX - Agency (§§ 4421 — 4488) › Chapter 327 - Character, Form, and Kinds of Agency (§§ 4421 — 4429) › § 4426 - Scope of authority cannot be exceeded
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An agent cannot exceed the scope of his authority.
History —Civil Code, 1930, § 1605.
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