1292l

All the co-owners or the sole owner of a property constituted into horizontal property, may waive this regime and request of the Registrar the regrouping or merger of the filial properties in the matrix property, provided the former are unencumbered, or, in lieu thereof, that the persons in whose behalf said properties are recorded agree to substitute the security they have for the participation pertaining to such co-owners in the whole property, within the common property regime provided in §§ 1271 et seq. of this title. History —June 25, 1958, No. 104, p. 243, § 34; June 4, 1976, No. 157, p. 461, § 5.