The acquirer of a newly-built property between September 1, 2010, and October 31, 2011, shall be fully exempt for a five (5)-year term from real property taxes imposed pursuant to the provisions of §§ 5001 et seq. of Title 21, and/or §§ 5951–5963 of Title 21, with respect to such property. Such exemption shall be for a term of five (5) years and shall apply commencing on January 1, 2011, and ending on December 31, 2015. History —Sept. 2, 2010, No. 132, § 1.5; July 5, 2011, No. 115, § 5.
Puerto Rico Legal Code