The real estate broker shall submit a report to the Department of Consumer Affairs during the first week of each semester, of all sales to residents of the Commonwealth of Puerto Rico for the previous semester. Said report shall be a sworn statement signed before a notary public, which shall include the name and address of every buyer, exact location of each property, the sales price, the amount of advance payments, deposits, commissions, and all other conditions of the sale and its financing, and any other necessary information to keep the Department of Consumer Affairs fully informed about any transaction of this kind carried out in Puerto Rico.
History —Apr. 26, 1994, No. 10, § 28; Sept. 26, 2005, No. 118, § 5.