P.R. Laws tit. 21, § 824

2019-02-20 00:00:00+00
§ 824. Lease or usufruct contract or agreement

Any lease or usufruct contract or agreement to delegate competence or administration agreement executed between the Department and a municipality which at the time in which the patrimonial property is transferred is in effect, shall immediately [lose] its effectiveness and be resolved by confusion of rights. Likewise, those contract[s] or agreements that had been executed between the Department, the municipalities and recreational, sports and resident associations and resident councils shall remain in effect until the regulations provided in the special provisions note under § 814 of this title, are implemented. The contracts executed between the Department and natural or juridical persons shall continue in effect until their expiration date.

History —Aug. 17, 2001, No. 120, § 12.