Miami, FL asked in Foreclosure for Puerto Rico

Q: Can someone help me find foreclosure records for a property in Puerto Rico

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2 Lawyer Answers

A: My first stop would be with the Property Registry. Request a registry certification with tract history for the property. You'll need the lot ("finca") number and the demarcation (where the property is located), and it'll let you know if the property has been foreclosed and identify the court case number. Depending on how long ago the mortgage foreclosure was executed, you can then refer to either the specific court of first instance or the Puerto Rico court's general archive to request inspection of the case file.

A: The 33% legal fees arise from Act 9 of August 8, 1974, 4 L.P.R.A. § 742, which establishes that an attorney may not charge more than 25% in the case of minors or legally incapacitated adults, and no more than 33% legal fees in the rest of the personal injury cases. Nevertheless, in Coop de Ahorro y Crédito v. Casiano Rivera, 2011 T.S.P.R. 207, the Puerto Rico Supreme Court has recognized that 33% in attorney fees is not unreasonable.

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