P.R. Laws tit. 10, § 2415

2019-02-20 00:00:00+00
§ 2415. Pledging or ceding of the contract

The lessee shall not cede the lease without the prior written consent of the lessor. If the lessee cedes the lease, without the proper consent it shall be considered as if (it had never been ceded) the cession was not made.

The lessor shall not oppose the execution of an assignment of contract between the lessee and a third person, unless the latter does not qualify because of his/her credit rating or any other justified cause.

The lessee may bring any claims or defense against an assignee of the lease contract that he/she could have against the assignor lessor.

The lessor who assigns a lease contract or contracts shall notify the respective lessee or lessees, in writing by certified mail with acknowledgment of receipt, within a term of sixty (60) days from the date the cession was made. If there is no such notice and the lessee is unaware of the assignment, the payment made by the latter to the last known lessor, shall be construed as proper and shall clear the lessee.

History —Aug. 13, 1994, No. 76, § 17, eff. 60 days after Aug. 13, 1994.