The Financial Oversight and Management Board for Puerto Rico welcomed today a new initiative to reduce the backlog of property deeds and other documents yet to be registered in Puerto Rico. This initiative was launched with the University of Puerto Rico and the Department of Justice. The new program, designed to tackle more than 400,000 […]
The Puerto Rico Economic Development Bank and the Justice Department announced Thursday the signing of a Memorandum of Understanding that will streamline processes, increase administrative efficiency and strengthen enforcement efforts related to the Property Registry for both agencies.
Puerto Rico’s historically outdated Property Registry has been thrust into the 21st century through a $6.9 million modernization project that converted the government’s database from paper to fully electronic and available 24/7, Justice Secretary César Miranda announced Thursday.
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