Puerto Rico Clause Dealing with Limitations on Use

State:
Multi-State
Control #:
US-OL8015
Format:
Word; 
PDF
Instant download

Description

This office lease form is a clause found in old buildings in the Wall Street area of Manhattan dealing with limitations on use stating that the tenant shall use and occupy the premises for the permitted uses, and for no other purpose.

How to fill out Clause Dealing With Limitations On Use?

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FAQ

Personal or Contractual Legal Actions: Pursuant to Article 1203 of the New Code, any personal legal action that is not subject to a specific statute of limitations provided by law, including for actions based on breach of contract, will be subject to a statute of limitations of 4 years.

Article 133 of the New Code states that the court will ultimately select a legal guardian considering the minor's input and reaching a decision based on the best interest of the minor. Fraudulent Conveyance: Reasons that nullify legal acts performed with the intention to defraud creditors were expanded.

Pursuant to Article 1538 of the New Code, punitive damages cannot exceed the amount of compensatory damages awarded and may only be imposed by the court when the act or omission causing the damage was deceitful (doloso) or with wanton disregard for the life, safety and property of another person.

The new Civil Code further eliminates obsolete legal concepts like the "emphyteutic annuity." The new Civil Code consists of a preliminary title and six books, covering legal relations, family institutions, property rights, obligations, contracts, and estate rights.

What Is the Statute of Limitations in Puerto Rico? For most civil cases, there is a one-year statute of limitations in Puerto Rico from the date of the incident in question. Should you attempt to file a legal claim case after this deadline has passed, it will not be valid.

Act 80 (the Unjust Dismissal Act) regulates employment termination of employees hired for an indefinite term. Puerto Rico is not an 'employment at will' jurisdiction.

In Puerto Rico, consumer debt such as HOA & Condo fees have a statute of limitations of 4 years.

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Puerto Rico Clause Dealing with Limitations on Use