A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate.
Zoning is a method of urban planning in which a municipality or other tier of government divides land into areas called zones, each of which has a set of regulations for new development that differs from other zones. Zones may be defined for a single use, they may combine several compatible activities by use, or in the case of form-based zoning, the differing regulations may govern the density, size and shape of allowed buildings whatever their use. The planning rules for each zone determine whether planning permission for a given development may be granted. Zoning may specify a variety of outright and conditional uses of land. It may indicate the size and dimensions of lots that land may be subdivided into, or the form and scale of buildings. These guidelines are set in order to guide urban growth and development.
The government of the Commonwealth of Puerto Rico is a republican form of government with separation of powers, subject to the jurisdiction and sovereignty of the United States. Article I of the Constitution of Puerto Rico defines the government and its political power and authority. The powers of the government of Puerto Rico are all delegated by the United States Congress and lack full protection under the U.S. Constitution. Because of this, the head of state of Puerto Rico is the President of the United States.
A property tax or millage rate is an ad valorem tax on the value of a property.
A condominium is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex itself, as well as each individual unit within. The term "condominium" is mostly used in the USA and Canada, but similar arrangements are used in many other countries under different names.
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate.
A by-law, or as it is most commonly known in the United States bylaws, is a set of rules or law established by an organization or community so as to regulate itself, as allowed or provided for by some higher authority. The higher authority, generally a legislature or some other government body, establishes the degree of control that the by-laws may exercise. By-laws may be established by entities such as a business corporation, a neighborhood association, or depending on the jurisdiction, a municipality.
A building code is a set of rules that specify the standards for constructed objects such as buildings and non-building structures. Buildings must conform to the code to obtain planning permission, usually from a local council. The main purpose of building codes is to protect public health, safety and general welfare as they relate to the construction and occupancy of buildings and structures. The building code becomes law of a particular jurisdiction when formally enacted by the appropriate governmental or private authority.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business.
The Boston Planning & Development Agency (BPDA), formerly the Boston Redevelopment Authority (BRA), is a Massachusetts public agency that serves as the municipal planning and development agency for Boston, working on both housing and commercial developments.
Jaime Morgan Stubbe, the last Executive Director of the Puerto Rico Maritime Authority or "Navieras de Puerto Rico', is currently the President of Palmas del Mar, Inc., the real estate developer that owns and operates the Palmas del Mar residential and tourist complex in Humacao, Puerto Rico. He and his wife, artist Jochefi Morgan, live in Guaynabo, Puerto Rico, with their children, Jaime, Regina, and Alejandro.
In the United States, zoning includes various land use laws falling under the police power rights of state governments and local governments to exercise authority over privately owned real property. Zoning laws in major cities originated with the Los Angeles zoning ordinances of 1904 and the New York City 1916 Zoning Resolution. Early zoning regulations were in some cases motivated by racism and classism, particularly with regard to those mandating single-family housing. Zoning ordinances did not allow African-Americans moving into or using residences that were occupied by majority whites due to the fact that their presence would decrease the value of home. The constitutionality of zoning ordinances was upheld by the Supreme Court of the United States in Village of Euclid, Ohio v. Ambler Realty Co. in 1926.
The Internal Revenue Code of Puerto Rico is the main body of domestic statutory tax law of Puerto Rico organized topically, including laws covering income taxes, payroll taxes, gift taxes, estate taxes, and statutory excise taxes.
The economy of Puerto Rico is classified as a high income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. The main drivers of Puerto Rico's economy are manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate, and tourism. The geography of Puerto Rico and its political status are both determining factors on its economic prosperity, primarily due to its relatively small size as an island; its lack of natural resources used to produce raw materials, and, consequently, its dependence on imports; as well as its relationship with the United States federal government, which controls its foreign policies while exerting trading restrictions, particularly in its shipping industry.
Exclusionary zoning is the use of zoning ordinances to exclude certain types of land uses from a given community, especially to regulate racial and economic diversity. In the United States, exclusionary zoning ordinances are standard in almost all communities. Exclusionary zoning was introduced in the early 1900s, typically to prevent racial and ethnic minorities from moving into middle- and upper-class neighborhoods. Municipalities use zoning to limit the supply of available housing units, such as by prohibiting multi-family residential dwellings or setting minimum lot size requirements. These ordinances raise costs, making it less likely that lower-income groups will move in. Development fees for variance, a building permit, a certificate of occupancy, a filing (legal) cost, special permits and planned-unit development applications for new housing also raise prices to levels inaccessible for lower income people.
San Antón is one of the 31 barrios of the municipality of Ponce, Puerto Rico. Along with Canas Urbano, Machuelo Abajo, Magueyes Urbano, and Portugués Urbano, San Antón is one of the municipality's five originally rural barrios that are now also part of the urban zone of the city of Ponce. It is totally enclosed within the Ponce city limits. It was founded in 1818.
Bill 28, the Miscellaneous Statutes Amendment Act, 2016, came into force on August 2, 2016. The law was introduced after calls urging the British Columbia provincial government to intervene in the housing market and curb foreign investment that was seen as a major contributor to the rapid rise in home prices.
Yabucoa barrio-pueblo is a barrio and the administrative center (seat) of Yabucoa, a municipality of Puerto Rico. Its population in 2010 was 2,593.
With the arrival of several figures led by Brock Pierce following the passing of hurricane Maria in 2017, cryptocurrency became an issue of media and economic interest in the Caribbean archipelago of Puerto Rico. These traders relocated to the island motivated by the tax incentives provided by Act 20-2012 and Act 22-2012 and the tropical setting. They claimed that their intention was to create an utopian blockchain "crypto city" or "community", which at various times became known by the names of Puertopia, Crypto Rico, Puerto Crypto or Sol, calling themselves Puertopians. The ideas promoted by this group have prompted a mixed reception, being favored by gubernatorial administrations but also spawning protests from political and grassroots movements that raise concerns about disaster capitalism, gentrification and settler colonialism. Puerto Rico has earned a reputation as a hub for cryptocurrency enthusiasts and, according to Pierce, by 2021 the archipelago had the largest quantity of coins concentrated in a single place in the world.
