P.R. Laws tit. 30, § 2320

2019-02-20 00:00:00+00
§ 2320. Adjudication for payment of debts or encumbrances

In the adjudication of specific real property or rights on said property in an inheritance or to a partner in a bankruptcy suit, a creditor, or a stranger, with the express obligation of using the amount derived thereby for the payment of debts or encumbrances on that inheritance or bankruptcy suit, the obligation whereby the property is adjudicated shall not be recorded unless it consists of collateral on that same property on behalf of the corresponding creditors.

History —Mortgage Law, 1979, § 99.