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 […]
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 […]
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 […]
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 […]