P.R. Laws tit. 30, § 2309
2019-02-20 00:00:00+00
When recording contracts in which a price is involved, the one in the document shall be recorded.
Deferred payments shall be recorded in the Registry when failure to pay is due to an expressed resolutory condition. Should the deferment of payment be guaranteed by some real right, the latter shall not be stated unless registration of this right is requested. In both cases, if the deferred price refers to the conveyance of two or more properties, the one corresponding to each of them shall be specified. The same rules shall apply to permutations or adjudications in payment when one of the parties might have to pay the balance to the other, in money or in kind.
History —Mortgage Law, 1979, § 88.