Last week of March ko pa sana i-post ang itong Part 2 ng HLURB-PD-957 pero napansin ko na marami ang nagbabasa at para wag kayong mabitin lalo na yung may mga kasalukuyang problema sa kanilang nabiling house & lot. Ang alin man sa mga narito ang nilabag ng developer ay pwede na kayong magreklamo at malaki na ang chance na manalo kayo. Kung may katanungan kayo, pwede nyo akong i-message dito at e-mail ko kayo agad.
Sa Part 1 ay nalaman natin na hindi pinapayagan ng HLURB ang tinatawag na pre-selling ng isang subdivision. May mga alituntunin silang susundin at kung hindi ay may pananagutan sila sa batas at sa kanilang buyer, bagaman na hindi maiwasan ito sa dahilang kailangan din ng isang subdivision ang puhunan para sa pagde-develop ng subdivision at ang favor naman duon ng buyer ay medyo mura pa ang presyo,
SECTION 7 - Exempt Transaction - A license to sell and performance bond shall not be required in any of the following transaction:
a. Sale of a subdivision lot resulting from the partition of land among co-owners and co-heirs.
b. Sale or transfer of a subdivision lot by the original purchases thereof and any subsequent sale of the same lot.
c. Sale of a subdivision lot or a condominium units by or for the account of a mortgage in the ordinary course of business when necessary to liquidate a bonafide debt.
SECTION 17. Registration - All contracts to sell, deeds of sale and other similar instruments relative to the sales or conveyance of the subdivision lots and condominium units whether or not the purchase price is paid in full, shall be registered by the seller to the Office of the Register of Deeds of the province or city where property is situated.
SECTION 18. Mortgages. - No mortgage of any unit or lot shall be made by the owner or developer without prior written approval of the Authority. Such approval shall not be granted unless it is shown that the proceeds of the mortgage loan shall be used for the development of the condominium or subdivision project and effective measures have been provide to ensure such utilization. The loan value of each lot or unit covered by the mortgage shall be determined and the buyer thereof, if any, shall be notified before the release of the loan. The buyer may, at his option, pay his installment for the lot or unit directly to the mortgagee who shall apply the payments to the corresponding mortgage indebtedness secured by the particular lot or unit being paid for, with a view to enabling said buyer to obtain title over the lot or unit promptly after full payment thereof.
SECTION 19. Advertisement. - Advertisement that may be made by the owner or developer through newspaper, radio, television, leaflets, circulars of any other form about the subdivision or the condominium or its operations or activities must reflect the real facts and must be presented in such manner that will not tend to mislead or deceive the public.
SECTION 20. - Time of Completion. - Every owner or developer shall construct and provide the facilities, improvements, infrastructures and other forms of development, including water supply and lighting facilities, which are offered and indicated in the approved subdivision or condominium plans, brochures, prospectus, printed matters, letters or in any form or advertisement, within one year from the date of the issuance of the license for the subdivision or condominium project or such other period of time as may be fixed by the Authority.
SECTION 23. Non Forfeiture of Payments. - No installment payment made by a buyer in a subdivision or condominium project for the lot or units he contracted to buy shall be forfeited in favor of the owner or developer when the buyer, after due notice to the owner or developer, desists from further payment due to the failure of the owner or developer to develop the subdivision or condominium project according to the approved plans and within the time limit for complying with the same,. Such buyer may, at his option, be reimbursed the total amount paid including amortization interest but excluding delinquency interest, with interest thereon at the legal rate.
PD-957 has a total of 43 sections pero yung iba naman ay tungkol sa kapangyarihan ng HLURB sa pagpapatupad nito.
1 comment:
Sir J, maraming salamat sa mga artikulo mo at marami akong natutunan. Sa experience ko naman Sir ang problema ko lang ang hindi consitent na pagbibigay ng update sakin ng Developer. After ko magpa downgrade ng property (condo to residential lot), more than 1 month na at wala pa ring balita kung approved ba ng mga signatories ng FLI yung napusuan kong lupa. Lately, kahit sa phone or email ei wala na silang na ibigay na update sakin.
Ang gusto ko sanang mangyari ay makontak ko ang pinaka head or decision maker talaga para malaman ko kung ano na ang nangyayari sa request kong transfer of property. Halos 400k na din ang contribution na naibigay ko sa FLI at nag woworry ako na baka hindi ko na makuha yung pera kong yun.
Ano po ba ang maisusuggest mo?
Maraming salamat at God bless.
-FLI investor
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