Submitted February 3, 2026
On February 3, 2026, the Puerto Rico Association of REALTORS® (PRAR) submitted its official testimony regarding Senate Resolution 238 (R. del S. 238) before the Senate Commission on Consumer Affairs and Telecommunications.
The Resolution calls for an investigation into the implementation of Law 129-2020, the Puerto Rico Condominium Act, and evaluates whether the Department of Consumer Affairs (DACO) should remain the agency responsible for administering the statute.
PRAR appeared before the Commission to present its institutional position and to advocate for balanced public policy that protects both property rights and healthy community living.
About Senate Resolution 238
Senate Resolution 238 orders an investigation into:
- The application of the Puerto Rico Condominium Act
- Whether the law effectively promotes harmonious condominium living
- Whether DACO should continue administering the Act
The resolution seeks to ensure that condominium governance fosters respect, order, and the protection of property rights.
PRAR’s Institutional Position
PRAR recognizes the legitimate and important purposes that inspired the resolution. The Association supports maintaining a proper balance between:
- The right to peaceful coexistence among condominium residents
- The constitutional right to private property
A stable and predictable legal framework is essential for maintaining confidence in Puerto Rico’s real estate market.
Protecting Property Rights in the Condominium Regime
PRAR emphasized that:
- Apartment owners have the right to full use and enjoyment of their property, within the legal framework of the Condominium Act.
- Corporate entities and other legal persons that own condominium units also have protected property rights.
- The current law provides mechanisms that allow decisions to be made by majority vote rather than requiring unanimous consent, supporting functional governance.
Safeguarding this balance is essential to preserving investment confidence and market stability.
DACO’s Role in Condominium Administration
Regarding whether DACO should remain the agency responsible for administering the Condominium Act, PRAR noted:
- DACO serves as an accessible and effective administrative forum for consumers and property owners.
- Administrative proceedings are generally more efficient and cost-effective than judicial processes.
- Removing DACO’s authority could lead to increased litigation costs and procedural delays.
PRAR highlighted the importance of maintaining regulatory structures that provide clarity and accessibility to property owners.
Importance of Legal Stability for the Real Estate Market
PRAR stressed that while the Legislature has broad authority to revise laws, legal certainty and stability are critical to:
- Encouraging real estate investment
- Promoting economic development
- Supporting condominium ownership and property values
- Strengthening Puerto Rico’s housing market
Any amendments to the Condominium Act should preserve the law’s core principles while improving clarity and effectiveness.
PRAR’s Commitment
PRAR remains available to collaborate with the Senate and its Committees in evaluating legislation affecting the real estate sector.
As an organization affiliated with the National Association of REALTORS®, and represented locally through its three boards, PRAR continues to advocate for:
- Responsible property ownership
- Professional real estate standards
- Balanced public policy
- A strong and stable housing market in Puerto Rico
Download the Official Testimony
Official testimony submitted on February 3, 2026 to the Senate Commission on Consumer Affairs and Telecommunications.
