P.R. Laws tit. 28, § 685
The persons or entities to whom, pursuant to the provisions of § 552 of this title, lots have been ceded in rental for commercial, industrial, educational, social, religious, civic, charitable purposes or labor organizations may continue enjoying said lots subject to the clauses of the lease contract.
The Secretary of Housing is hereby empowered to sell said lots and/or parcels to the persons or entities to whom, pursuant to the provisions of § 552 of this title, lots have been ceded in rental, if they so request; Provided, That the lots and/or parcels which are devoted at present to dwellings, and which are not covered by the other provisions of this chapter, shall be sold pursuant to the provisions of this section.
The decision of the price and conditions whereby the lots and/or parcels leased shall be sold shall be made taking into consideration the following factors, and any others that the Secretary of Housing may adopt by regulation:
(1) The use which is being given to the lot and/or parcels.
(2) The market value of the lot and/or parcel determined on the basis of an expert assessment.
The Secretary of Housing shall not sell more than one lot and/or parcel to a person who holds in rental a parcel for housing and/or commercial purposes, in case he has more than one in rental.
The Secretary of Housing shall not sell more than one lot and/or parcel in rental to nonprofit religious, educational, social, civic, charitable, commercial, industrial or labor organizations in the same community.
All the expenses incurred in the execution of the deed arisen as a result of the sales of lots and/or parcels authorized under this section shall be defrayed exclusively by the buyer.
History —June 14, 1969, No. 35, p. 60, § 5; July 9, 1973, No. 3, p. 823.