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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 The “Best Ever” Reglamento Conjunto….

For months now, we’ve been awaiting for OGPe to publish the new, updated and best ever!! Reglamento Conjunto, in other words Puerto Rico’s new land use ordinance. Now we’re up to the third iteration of a “Reglamento Conjunto” under Act 161 of 2009, as amended, since 2010. That comes up to one major overhaul of […]

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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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 Puerto Rico Building Permits: Really?

Puerto Rico’s Housing Secretary Fernando Gil, has claimed that half of the housing in the island has been built without permits, this according to an article by Andres Viglucci published in the Miami Herald on February 14, 2018, see here. If half of that claim is correct, then it provides for a damning assessment of […]

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 puerto rico building permits a hassle?

The difficulty of obtaining a building permit in Puerto Rico depends primarily on two things:   What do you plan to build and where? Regarding the first of these two issues, prior to buying any plot of land or planning to build anything, you have to take into consideration, if what you want to build […]

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 Unlawful Permits and Unauthorized Use

On April 19, 2017 thru act 19 of 2017, Puerto Rico’s government decided to once again amend its main permits law, titled “Ley para la Reforma del Proceso de Permisos de Puerto Rico”. This time around, substantial amendments were performed on Article 14, regarding parties recourse when a permit is illegal (due to false or […]

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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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