Estrella LLC is considered a go-to law firm for real estate matters in Puerto Rico for all types of companies, including some of the largest companies in Puerto Rico.
Our Real Estate practice specializes in protecting the rights and interests of its clients in real estate and real property, both commercial and residential. We provide protections for buyers, sellers, land owners, developers, contractors, and real estate agents. Our attorneys specialize in a variety of legal issues that can include: sales, purchases, leasing and other transfers of real estate and real property; title to real property; settlement of claims against property rights; landlord-tenant issues; property development; zoning and land use; financing, mortgages and foreclosures; and various other relevant topics.
Our notaries regularly draft and authorize all types of notarial documents, from deeds of purchase to the management of complex projects involving the negotiation, drafting and execution of deeds throughout all the different registry offices in the jurisdiction of Puerto Rico. We are regularly retained for complex real estate closings where our clients want us to review/revise all the documents related to the closing to make sure that everything runs smoothly, both before, during and after the closing. Our experienced attorneys are involved in transactional work, most often drafting, negotiating and closing transactions facilitating the business of real estate, including: selling, buying, and leasing land, buildings, housing, natural resources or any other interests in real estate; and development and use of property and managing the state and local approval processes. We also spend much of our time counseling clients about these matters.
As part of commercial transactions, due diligence investigations become a large part of the work we do. These due diligence investigations can include: the inspection of the properties, which can also include environmental investigations (to ensure there is no contamination), review of the leases of any tenants the properties may have, and review of the title to make sure the seller actually owns the property and there are no easements, mortgages or other liens on the property, including tax liens.
Our experienced litigators also represent our clients when estate disputes arise. Such litigation can involve breach of contract, zoning compliance, construction defect, foreclosure, homeowners’ associations, and boundary disputes, among other issues.
Our Real Estate attorneys serve as local counsel advising and overseeing property registry related matters for the two largest title insurance companies in Puerto Rico, for whom we provide all types of industry related services, including but not limited to the correction of property registry mistakes, both through the preparation of notarial documents and through Court proceedings.
For many decades, we also represented various gasoline wholesalers in Puerto Rico. We successfully conducted the negotiations and executions of all leases, transfer, assignment, purchase, and franchise agreements of hundreds of service stations throughout the Island, as well as led and executed multiple real estate projects for them, most of which involved the oil and energy industry.
