P.R. Laws tit. 5, § 4626

2019-02-20 00:00:00+00
§ 4626. Guarantees

The debts of the members with the cooperative shall constitute a lien over their housing unit. Any voluntary or involuntary acquirer of a housing unit shall be jointly responsible for such a debt without prejudice to his/her right to collect from the grantor those sums he/she has paid as joint debts which the acquirer may register in the Property Registry.

The cooperative shall impose a lien upon the housing unit of the member-owner for any debt and may resort to the mechanism of seizure provided by the Rules of Civil Procedure and the Mortgage Law.

History —Sept. 1, 2004, No. 239, § 35A.36.