Guide to: Real Estate Due Diligence in Puerto Rico

Published on August 3, 2018. This article is intended as a guide to real estate due diligence in Puerto Rico, by no means is it an exhaustive list of things to do. Any prospective buyer should seek adequate counsel from professionals and should not skimp out in what they invest in due diligence. The article […]

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 A new flood after hurricane Maria…..

    Published on February 23, 2018. Today an article published by Puerto Rico’s El Nuevo Día here, reports on a series of fines levied at insurance companies in Puerto Rico, due to their delay in processing claims related to hurricane Maria. The total amount of fines, according to the article, is $2.4 million and […]

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 PR’s Planning Board Says: No Permits Necessary!

Puerto Rico’s Planning Board thru administrative order 2017-07, has waived the requirement of obtaining construction permits at OGPe or Autonomous Municipalities for any reconstruction, repair or to rebuild infrastructure in order to address the basic needs of the people. HOWEVER!!!! The administrative order states various caveats like: Any infrastructure repair project prior to obtaining said […]

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 FEDS look into State’s Permitting Process

The following is a very interesting study performed by the White House and published September 2016, regarding the effects of permitting on construction costs and therefore its impact on affordable housing in the metropolitan areas. It seems the federal govenrment has identified planning, zoning and permittting laws and regularions as one of the main contributors […]

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