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1293i — 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 III - Common Ownership of Property/
  7. Chapter 150 - Horizontal Property Sub/
  8. Subchapter III - Administration and Insurance § 1293-1 - Initial Administration by Co-owner or Co-owners, Powers and Duties/
  9. 1293i
Puerto Rico Legal Code
When the property is not insured or the insurance indemnity is insufficient to cover the cost of reconstruction, the new building costs shall be paid by all the co-owners directly affected by the damage, in proportion to the percentage of their respective apartments; and if any one or more of those composing the minority shall refuse to make such payment, the majority may proceed to do so at the expense of all the co-owners benefited thereby, upon adopting the proper resolution, which shall set forth the circumstances of the case including the cost of the works, with the intervention of the Council of Co-owners.The provisions of this section may be changed by unanimous resolution of the interested parties adopted subsequent to the date of the disaster. History —June 25, 1958, No. 104, p. 243, § 45; June 4, 1976, No. 157, p. 461, § 10; Aug. 11, 1995, No. 153, § 1; May 21, 1996, No. 43, § 1.

1293i

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