P.R. Laws tit. 17, § 759
In the case of low-income families, as defined in this chapter, the title shall be granted for the sum of one dollar ($1). The granting of title deeds to families which because of their income are not within the definition of low-income families shall be granted for the price determined according to the formula established herein:
The percent corresponding to the family according to its income in the table which appears below shall be multiplied by the basic appraisal value of the lot to which title is to be granted; the product shall be the selling price.
ADJUSTED GROSS INCOME PERCENT $14,401 — $14,500 2 14,501 — 14,600 4 14,601 — 14,700 6 14,701 — 14,800 8 14,801 — 14,900 11 14,901 — 15,000 14 15,001 — 15,100 17 15,101 — 15,200 20 15,201 — 15,300 23 15,301 — 15,400 27 15,401 — 15,500 31 15,501 — 15,600 35 15,601 — 15,700 39 15,701 — 15,800 43 15,801 — 15,900 48 15,901 — 16,000 53 16,001 — 16,100 58 16,101 — 16,200 63 16,201 — 16,300 68 16,301 — 16,400 74 16,401 — 16,500 80 16,501 — 16,600 86 16,601 — 16,700 92 16,701 — 16,800 98
Those families having an adjusted gross income of $16,801, or more, shall pay the basic appraisal value of the lot.
History —July 1, 1975, No. 132, p. 388, § 9; June 20, 1978, No. 10, p. 388, § 4; Dec. 22, 1999, No. 353, § 3; June 15, 2004, No. 148, § 2.