Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
2566 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirty - Mortgage Law and Regulations (§§ 1-5 — 5005)/
  5. Subtitle 4 - Mortgage and Property Registry Act of 1979; General Provisions/
  6. Chapter 119/
  7. Subchapter I/
  8. 2566
Puerto Rico Legal Code

2566

Ask AI about this
When several properties are mortgaged at the same time by a single loan, the amount or part of the lien which each must be liable for shall be specified.\nExcepted from what is provided above, mortgages are constituted to secure farmers’ argicultural loans, are redeemable by partial annual payments for a period not less than ten years, and interest no higher than the maximum permissible interest rate, in accordance with what is established by the legislation in force, when the mortgage debtor so recognizes or admits this in the mortgage deed, or by any other authentic means.\nHistory —Mortgage Law, 1979, § 170.