P.R. Laws tit. 13, § 33271

2019-02-20 00:00:00+00
§ 33271. Unauthorized sale; penalty

(a) If any agent should sell or assist in the sale of any personal or real property, fully aware that such property is exempt from attachment; or if he/she knowingly and intentionally sells or assists in the sale of any personal or real property for the payment of taxes, with the purpose of defrauding the owner; or if he/she in any way inhibits the participation of bidders; or if he/she knowingly or intentionally issues a purchase certificate on real property thus sold, he/she shall be guilty of a fourth-degree felony and be subject to pay to the injured party any and all damages the latter has sustained on account of such sale, and any such sales thus conducted shall be null.

(b) If any agent should offer bidders, either expressly or implicitly, any guarantees as to the validity of the title deed, the quality, the size, or the condition of the property, he/she shall be subject to the penalties provided in subsection (a) of this section, but the sale shall remain valid.

(c) In any case in which an agent is guilty of violating the provisions of this section, the Secretary shall initiate administrative proceedings whereby he/she shall request that such agent be removed from office pursuant to the regulations established in the Department for the application of disciplinary sanctions.

History —Jan. 31, 2011, No. 1, § 6060.11, retroactive to Jan. 1, 2011.