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It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
Buying a vacation home in Puerto Rico offers endless opportunities for Caribbean beach holidays. And since Puerto Rico is an American territory, you don’t have to worry about any restrictions or ...
Another way to find land for sale is to simply drive around your desired area and look for for-sale signs, or drive over to a local real estate office to check the listings in the window.
The United States acquired Guam and Puerto Rico during the Spanish-American War in 1898, where the U.S. victory forced Spain to give up control of these territories through the Treaty of Paris ...
Accession Date Area (sq.mi.) Area (km 2.) Cost in dollars Original territory of the Thirteen States (western lands, roughly between the Mississippi River and Appalachian Mountains, were claimed but not administered by the states and were all ceded to the federal government or new states by 1802)
Puerto Rico is the only current U.S. jurisdiction whose legal system operates primarily in a language other than American English: namely, Spanish.Because the U.S. federal government operates primarily in English, Puerto Rican attorneys are typically bilingual in order to litigate in English in U.S. federal courts and to litigate federal preemption issues in Puerto Rican courts.
For the median-priced American home for sale — $387,000 — sellers are paying more than $23,000 in brokerage fees. Those costs are passed on to the buyer, boosting the price of homes in America.
Constitutionally, Puerto Rico is subject to the Congress' plenary powers under the territorial clause of Article IV, sec. 3, of the U.S. Constitution. [6] U.S. federal law applies to Puerto Rico, even though Puerto Rico is not a state of the American Union and their residents have no voting representation in the U.S. Congress. Because of the ...