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2613 — 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 II/
  8. 2613
Puerto Rico Legal Code

2613

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A notarized notice of the mortgage credit cession contract, submortgage or any other form of alienation of the loan shall be given to the debtor or titleholder of the property if they are different persons, unless the case in § 2614 of this title is applicable. Notification of the cession to the debtor shall appear in the registration, and if the document attesting to presentation of the notification is presented in the Registry after registration is made, the corresponding note shall be entered. When it is in order to inform the debtor of the cession of the mortgage loan, and this requirement is omitted, the conveyer shall be liable for any damages to the cessionary caused by this error.\nHistory —Mortgage Law, 1979, § 194.