Puerto Rico Lease Provisions Relating to Brokers

State:
Multi-State
Control #:
US-OL29A07
Format:
Word; 
PDF
Instant download

Description

This office lease provision states that the landlord and tenant each warrant and represent to the other party that there was no broker, finder or similar person, other than those listed, entitled to a commission, fee or other compensation, instrumental in consummating the lease. It also states that no conversations or prior negotiations were had by the landlord or tenant, respectively, or anyone acting on behalf of the landlord or the tenant, respectively, with any broker, finder or similar person, other than those listed, concerning the renting of the demised premises.

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FAQ

The new Civil Code acknowledges the jurisprudence of the Supreme Court of Puerto Rico as a source of law that complements the legal system and other sources of law such as the Constitution. This change, although not significant in its applicability, does recognize the strong influence of the common law in Puerto Rico.

As of November 28, 2020, inheritances are distributed in two parts. 50% is of free disposition and the other half (legitimate) is divided equally among the forced heirs, which are the children and now include the widow or widower.

The right to privacy: Landlords cannot enter a tenant's rental unit without permission, except in certain situations such as an emergency or to make repairs. 3. The right to a written lease: Landlords are required to provide tenants with a written lease that outlines the terms of the rental agreement.

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Puerto Rico Lease Provisions Relating to Brokers