P.R. Laws tit. 28, § 31i
2019-02-20 00:00:00+00
If, after the terms established in §§ 31—31o of this title have expired, no department, instrumentality, or agency of the Commonwealth nor a municipality, nor the former or abutting owner, in his case, nor the occupant for five (5) years or more, exercises its or his preferential right to acquire the property as provided above, the titleholder is hereby authorized to sell it at public auction through the proceedings established by law; Provided, That if the auction were unattended, a second auction shall be held and; Provided, That the minimum selling price shall be fixed by the titleholder with the approval of the Secretary of the Treasury.
History —Dec. 10, 1975, No. 12, p. 964, § 10; July 2, 1987, No. 82, p. 291, § 7.