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1268 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 2 - Property Ownership and Its Modifications/
  6. Part Ii-a - Timeshare/
  7. Chapter 147 - Puerto Rico Timeshare and Vacation Club Act Sub/
  8. Subchapter Xii - Rights of Owners; Contents of Deeds; Recording Provisions; Expansion, Contraction and Merger of Regimes § 1262a - Effect of Dedication/
  9. 1268
Puerto Rico Legal Code
The owners are bound to contribute toward the expenses of administration, maintenance and repair of the facilities, as well as toward any other common expenses that may have been lawfully agreed upon in accordance with their corresponding shares.\nNo owner may exempt himself from his obligation of contributing toward such expenses by waiver of the use or enjoyment of the facilities or by abandonment of the accommodation, the timeshare or vacation club right, as applicable, belonging to him.\nThe proportionate amount with which each owner must contribute toward the common expenses, any penalties, late charges and interest to be paid by any owner which fails to make the corresponding payment of common expenses and any distinction to be established in the method of assessment among the owners of their share of such common expenses or the amounts thereof shall be determined, fixed and imposed, as set forth in the deed of dedication.\nHistory —Dec. 26, 1995, No. 252, § 12-131; Jan. 5, 1999, No. 3, § 38.

1268

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