Question 1

Do I need a notary-attorney to buy property in Puerto Rico?

Accepted Answer

Yes. Real estate transactions are formalized through a public deed (escritura) prepared by a licensed notary-attorney, who verifies title and records your ownership at the Property Registry.

Question 2

What are the closing costs when buying real estate in Puerto Rico?

Accepted Answer

Closing costs typically range from about 5-8% of the purchase price and include notary fees, revenue stamps, registry recording fees, attorney fees, and mortgage-related costs.

Question 3

Do I need a will in Puerto Rico?

Accepted Answer

A will lets you direct how your assets are distributed, but Puerto Rico law reserves a portion of the estate for forced heirs (legítima), such as children. An attorney can help you draft a valid will that respects these rules.

Question 4

What happens if someone dies without a will in Puerto Rico?

Accepted Answer

When a person dies intestate, Puerto Rico law determines heirs by a fixed order, typically starting with children and the surviving spouse. Heirs must complete a declaration of heirs before assets can be transferred.

Hector Santini

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