Puerto Rico Right of Entry and License Agreement

State:
Multi-State
Control #:
US-02532
Format:
Word; 
Rich Text
Instant download

Description

This form states that seller desires to grant the right of entry prior to closing to purchaser to conduct inspections and evaluations of certain property. The form also states that the seller grants a temporary license and right of entry to the purchaser for the purpose of inspections, soil tests and other reasonable evaluations of the property.
An easement gives one party the right to go onto another party's property. That property may be owned by a private person, a business entity, or a group of owners. Utilities often get easements that allow them to run pipes or phone lines beneath private property. Easements may be obtained for access to another property, called "access and egress", use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. The easement is a real property interest, but separate from the legal title of the owner of the underlying land.
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FAQ

Additionally, squatters may be able to claim adverse possession, which is when they have been occupying a property for a certain period and have made improvements to the property. However, it is important to note that squatting is illegal and can lead to legal repercussions.

Adverse possession: Articles 786 and 788 reduced the period of time necessary to acquire personal and real property through adverse possession. The acquisition of personal property through adverse possession now requires at least 2 years of possession in good faith or at least 4 years of possession without good faith.

The adverse possessor must either: Have a defective document which tries (but fails) to transfer title of the property to the possessor (?color of title?), or. The possessor must actually occupy the property with the intent to claim the title to the property (?claim of right?).

All real estate in Puerto Rico is subject to the probate system. This system is based on a "forced heir" policy, that states that all children need to receive from the decedent (the person that died).

Acting quickly is the best way to fight an adverse possession claim. Negotiate permission in writing: You may be willing to allow the use of the property. If so, having a written document helps prove you allowed specific use and could help fight an adverse possession claim.

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Puerto Rico Right of Entry and License Agreement