When the bid price on the sold personal property is paid, the surrendering of such property and of the sales account shall constitute title in favor and right of the buyer over such property. Any surplus made in the proceeds of the sale in excess of the taxes, levies, fines, interest, surcharges, penalties, and costs shall be returned by the Secretary to the owner of the property thus sold or to his/her heirs or assignees in the manner prescribed in § 33022 of this title The agent shall be accountable before the Secretary or his/her delegate, for the amount obtained from each sale of attached property and the investment of such sale’s proceeds. History —Jan. 31, 2011, No. 1, § 6060.04, retroactive to Jan. 1, 2011.
Puerto Rico Legal Code