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4626 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Five - Agriculture (§§ 1 — 4706)/
  5. Chapter 102 - General Cooperative Associations Act (2004)sub/
  6. Subchapter XV/
  7. 4626
Puerto Rico Legal Code

4626

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The debts of the members with the cooperative shall constitute a lien over their housing unit. Any voluntary or involuntary acquirer of a housing unit shall be jointly responsible for such a debt without prejudice to his/her right to collect from the grantor those sums he/she has paid as joint debts which the acquirer may register in the Property Registry.\nThe cooperative shall impose a lien upon the housing unit of the member-owner for any debt and may resort to the mechanism of seizure provided by the Rules of Civil Procedure and the Mortgage Law.\nHistory —Sept. 1, 2004, No. 239, § 35A.36.