P.R. Laws tit. 30, § 2551
2019-02-20 00:00:00+00
A mortgage directly and immediately binds an estate and the rights on which it is imposed, whoever its owner or titleholder may be, to the fulfillment of the obligation for the security of which it was constituted.
Recorded mortgages shall be strictly real encumbrances, permitting mortgage loans to be made regardless of any subsequent right that is acquired on the same property or mortgage rights.
Mortgages are voluntary or statutory.
History —Mortgage Law, 1979, § 155.