The Philippine property market has been enjoying a meteoric rise these past ten years, concentrated mainly in the highly urbanized areas of the National Capital Region, Provinces of Batangas, Cavite, Laguna, Cebu and Davao. With this boom in the inventory of housing units, buyers should be aware of their rights and exercise diligence before parting … Continue reading 5 Things to Check Out When Buying a House and Lot or Condominium Unit
Condominium dwellings make up a substantial percentage of households in highly urbanized cities like Metro Manila. Students, young professionals and a lot of modern families have opted to stay in condominium units because of its prime location and the rising prices of residential lots adjacent to the cities. With this option to live in a … Continue reading Bad Condominium Workmanship: What You Can Do If You Are Not Satisfied with Your Unit
Primary Purpose: Control One main benefit of living in gated villages or more popularly known in the country as subdivisions, is exclusivity. Homeowners strive to put their family in a quiet, secure and protected environment. An effective way to ensure the exclusivity of a subdivision is to limit and control the number of cars that … Continue reading Subdivision Car Pass Stickers: How Much Should They Really Cost?
Automatic Membership in a Homeowners Association In modern subdivision projects, it is common for a buyer to encounter a provision or restriction in their land title stating that they become members of the homeowners association at the time they purchase the property. If freedom of assembly is protected by our Constitution, involuntary membership to a … Continue reading What are the Rights of Homeowners in a Homeowners Association?
Delay in Turnover One of the most common woes that subdivision or condominium unit buyers have is the delay in the turnover of their property. Most if not all developers spend millions in their pre-selling activities, luring buyers to make that down payment. When reality kicks in however, these buyers say goodbye to their hard … Continue reading What to do in case of delay in the turnover of your property