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Does an SPA have to have expiration date to be valid?

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Arresto Menor
Does an SPA have to have an expiration date for it to be valid? If it doesn't have an exp date, what is the default expiration? For example, a wife has a notarized SPA that authorizes her to mortgage a conjugal property. Since the SPA does not have an expiration date indicated, can she mortgage the property multiple times any time - let's say 3x within 2 years?

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