P.R. Laws tit. 31, § 1293d

2019-02-20 00:00:00+00

§ 1293d. Preference of credits against co-owners for shares in expenses; exceptions

The credit against any co-owner for his share in the expenses to which § 1293c of this title refers shall have preference over any other credits of whatever nature but the following:

(a) Credits in favor of the Commonwealth and the corresponding municipality for the taxes of the last five annual assessments and the unpaid current one, overdue and unpaid on the apartment.

(b) For two years premium on the insurance of the apartment, or of the whole property, as the case may be, and in the case of mutual insurance, for the last two dividends distributed.

(c) Mortgage credits recorded in the Registry of Property.

History —June 25, 1958, No. 104, p. 243, § 40; June 4, 1976, No. 157, p. 461, § 9.