P.R. Laws tit. 21, § 5168
2019-02-20 00:00:00+00
Those built-up lots in which the building has been affected in the manner established in §§ 5165–5166 of this title, and the building is being used by its owner as his/her own dwelling, shall be exempt from all property taxes for the total appraisal value of the lot and building for tax purposes while the legal building restriction which causes the exemption lasts. In those cases in which the affected or built-up lots are producing income, they will only be exempt from fifty percent (50%) of the property taxes while the legal building restriction which causes the exemption lasts.
History —Aug. 30, 1991, No. 83, § 5.18.