P.R. Laws tit. 21, § 5177
2019-02-20 00:00:00+00
The exemption granted by §§ 5172–5179 of this title shall be effective as of the 1st of January of the year in which the property was totally or partially affected, as provided by § 5172 of this title, should the date of the encumbrance occur prior to the first of July of any year and last for the time it remains in the condition that caused the exemption, and it should furthermore comply with the provisions of Act No. 46 of June 26, 1987, in order to qualify for the tax exemption for properties affected by official plans or maps and programs of the Planning Board.
History —Aug. 30, 1991, No. 83, § 5.27.