Q: Proper FORM, to deposit 10% of real estate (a home) property, in Puerto Rico, for a non resident.
My mother deposited 10% of the sale monies for her property in Puerto Rico. The real estate agent and accompanying attorney couldn't get information from Haciendas in PR. The money has been held by Hacienda for over a year - what is the correct form that should have been used for this deposit - and how can we correct this (Hacienda has her 10%). They're quite difficult to get to. Thank you!
A: Speak to an attorney who is a member of the Puerto Rican Bar Association. It would a plus if the attorney were also a member of the NJ bar.
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