P.R. Laws tit. 31, § 1266d

2019-02-20 00:00:00+00
§ 1266d. New floors, acquisitions of adjacent land, cancellation of liens, cautionary notices

Notwithstanding the provisions of § 1266c of this title, new floors added, a use determination made by a developer after having made the reservation referred to in § 1264(2)(d) of this title or new portions of adjacent land acquired by the developer and grouped with the timeshare or vacation club property shall be registered under the matrix record accompanied by the corresponding adjustments, if any, on each of the accommodation’s, timeshare’s and vacation club right’s share in the facilities. Likewise, the total or partial cancellation of liens existing prior to the dedication of the property to the timeshare or vacation club regime and the cautionary notices or entries making express reference to the property, or to the facilities thereof as a whole, shall be entered under the matrix record, always leaving marginal notes of these operations in the filial entries.

History —Dec. 26, 1995, No. 252, § 12-125; Jan. 5, 1999, No. 3, § 36.