The Administrator shall have the necessary power to examine and approve the validity of the documents filed before the Registry, such as documents issued by a court and public deeds. Said examination shall include the extrinsic forms of the documents filed and the legal capacity of the executing parties. In addition, it shall be examined that all the documents necessary for each transaction are filed, pursuant to the regulation promulgated to that effect regarding the filing procedure.
If the Administrator denies the inscription of a document that contains one transaction, the affected parties may request a reconsideration of said decision, within twenty (20) days from the notification date. The reconsideration shall be solved through resolution issued to that effect by the Office of the Administrator, for which an administrative review may be requested through the mechanisms provided by §§ 2101 et seq. of Title 3, known as the “Uniform Administrative Procedures Act of the Commonwealth of Puerto Rico”. If the reconsideration or the decision made by the court is in favor of inscribing the document, said inscription shall be retroactive to the date it was originally filed.
History —Sept. 2, 2000, No. 301, § 7, eff. 6 months after Sept. 2, 2000.