P.R. Laws tit. 31, § 1265b

2019-02-20 00:00:00+00
§ 1265b. Details regarding registering building under principal record

At the time of registering the timeshare or vacation club regime under the matrix record, there shall be set forth, as particulars of the entry, those enumerated in § 2308 of Title 30, in accord with those of the regulations for its execution, and with § 1264 of this title, except that with respect to the description of each accommodation contained in the property, for purposes of the entry in the matrix record, it shall be sufficient to state the number of accommodations contained in the property, number and type of accommodations in each floor, setting forth the number of each one, the area and the share pertaining to each in the facilities, all without prejudice to the provisions of § 1265c of this title for the registration of the individual accommodations. Furthermore, there shall be set forth the structures planned, those begun and those completed, as the case may be.

Also, the facilities shall be recorded by said entry, in favor of the developer of the whole property and, thereafter, of the owners of the accommodations, the timeshares or the vacation club rights, as applicable, without stating their names and surnames, and in their corresponding proportions.

History —Dec. 26, 1995, No. 252, § 12-119.