Thursday, November 16, 2006

Ironing Board Mechanism With Wire



See No. 2931 to the Legal Office
Superintendency of Notaries and Registration

To: Mr. Doctor
Milton Julian Arias Duque
Fiscal First Section Delegate to the Promiscuous
Circuit Court Puerto Boyacá - Boyacá


Subject: Restrictions and encumbrances CR-001
dispose Prohibition.


Date: November 7, 2006


Dear Mr. Attorney:

See if it is legal or not, registration was done in the folios of property 088-0009505, public deed No. 301 dated April 30, 2002, by which it was sold a property in Puerto Boyaca, which had been awarded by way of family allowance by resolution No. 505 of December 2000, in which he scored the express prohibition to transfer within five years.

Legal Framework.

Article 2 of Decree Law 1250 of 1970, Article 8 Act 3 of 1991, Article 52 Decree 975 of 2004. Considerations

the Legal Office.

Article 8 of Act 3 of 1991, states: "The allowance Family Housing will be returned to the beneficiary when the domain transfer housing solution or leave to reside in it before five years have elapsed from the date of assignment, without a specific permit based on force majeure as defined by the regulation.
allowance will also be refundable if it is found that there was misrepresentation or inaccuracy in the documents submitted to establish the requirements for the allocation of the grant.

Decree 975 of 2004, Article 52 states: "Authorization for disposal of social housing grant acquired. There will be no refund the subsidy when the entity grantor authorizes the sale of a home acquired or constructed with this, when proving force majeure or unforeseen circumstances that justify the need for moving house, under the condition that the proceeds of such sale is intended to acquisition of social housing ... Paragraph
. The registrar of public documents with the line of duty are aware of disposals of housing obtained from the Family Housing Subsidy within a period of five (5) years covered by the law 3 of 1991 should bring this situation to the attention of the respective granting entity. " The regulations transcribed

prohibits the recipient of family housing allowance, transfer the domain, and the Registrar of Public imposes the obligation to report this event to the grantor of the grant, to restore the subsidy beneficiary, more is not legal grounds for the rejection of an act purchase.

Accordingly the registration of the deed referred to, they reflect the principle of legality.

This query is sent back to Internal Management Group Doctrine and Jurisprudence Knowledge of the competition.

Sincerely,


Roberto Burgos Cantor. Chief Legal Office


Project: Ares /

November 7, 2006 Revised: JCDC

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