Act No. 212 of May 12, 1942, as amended, is hereby repealed.
Any real property and rights subject to registration that as of the date of effectiveness of this act are recorded at the Property Registry under the ownership of the Puerto Rico Communications Authority or the Puerto Rico Communications Corporation shall be transferred in said Registry to the ownership of the P.R.T.C., the successor in interest thereof. The transfer shall be effected by filing a certification with the Property Registry. Said certification shall contain the description of the real property as appears in [the] Registry, the record reference number, a statement from the current real property title holder, an application for transfer of the real property to the ownership of the P.R.T.C., and processing costs of the transaction. The certification shall be signed and sworn to by the Chairperson or any of the Vicechairpersons of the P.R.T.C. authorized to issue such certification. This transfer shall be exempted from the payment of any and all fees scheduled for the recording of documents and all other transactions in the Property Registry.
History —May 6, 1974, No. 25, Part 1, § 19; June 8, 1978, No. 3, § 1; May 27, 1980, No. 68, § 1; Sept. 12, 1996, No. 215, § 18; renumbered as § 15 and amended on June 24, 1998, No. 94, § 17; Dec. 30, 1998, No. 337, § 1.