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Updated 9 months ago on . Most recent reply

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Tsedey B.
  • Attorney
  • New York, NY
2
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4
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Puerto Rico’s Abandoned Properties

Tsedey B.
  • Attorney
  • New York, NY
Posted

Does anyone have any information on how to contact owners of abandoned properties in Puerto Rico? Or contact the government agencies that would have information in connection with these properties? I understand that there are issues with inheritance laws and unpaid property taxes for many of these properties but surely there is a way to figure out this mess and get these properties sold and utilized. Please let me know if you have any information.

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187
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Kathryn Morea
  • Developer
103
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187
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Kathryn Morea
  • Developer
Replied

@Tsedey B. - Are you spending some time in Puerto Rico? I live in the San Juan area and agree there are a ton of abandoned properties all over the island.  The municipalities here began a new program in November 2020 to eminent domain blighted/abandoned properties and sell them.  There is a court process they go through which does take some time (6 months).  It just started, and there's a lot of properties !  I'm involved in the program restoring some of these properties once they have gone through the process.  I am still learning more about it and will have more answers over the next couple weeks/months.  The properties I am seeing have been abandoned 10 years or more, but many still have good structure.   As for other properties, you can use websites showing tax records here https://www.crimpr.net/ and perhaps use skip tracing services like TLO to find owners.  (I haven't done this personally).  Like you, I see the opportunity here. 

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