P.R. Laws tit. 28, § 27

2019-02-20 00:00:00+00

§ 27. Lease contracts of land for parking purposes and holding of cultural, civic or religious activities—Term of contract; annual rent; restrictions

The lease contracts shall be executed for a period which shall not exceed six (6) months on the basis of an annual rental which shall not be less than 5% of the estimated value of the property and they shall not be renewable. It shall be an expressed condition of the lease that no improvements of permanent character shall be carried out on the lands to be leased and, with respect to the lease, they may not be granted for commercial purposes. When submitting the contracts to the consideration of the Planning Board, there shall be indicated through a written statement the use and/or temporary constructions to be made by the lessees.

History —May 25, 1973, No. 35, p. 101, § 2.