Rent Regulations An exclusive village in Metro Manila recently issued its guidelines regulating the renting out of houses to tenants, obviously targeting a single group of foreign individuals who are here to find housing and work. It has been discussed in a recent blog before that Homeowners Associations (HOA) may issue rules and regulations that … Continue reading Does your Homeowners Association Prohibit you from Leasing your House to a Certain Group of Foreigners? Here are your Rights.
Bits and pieces of information have been circulating thru SMS messages and social media about the Land Registration Authority's (LRA) title standardization program. What is this about and how does this concern property owners? Land Titles: Manually-issued Certificate of Title The classic version of the Certificate of Title looks like an ancient Egyptian manuscript … Continue reading Title to your land: What is the LRA’s Voluntary Title Standardization Program?
Purchasing your dream home can become a nightmare when you start paying the monthly equity but cannot secure a loan to cover the balance. Things get a little tricky when buyers are caught in the developer's hook, and dragged to a point of no return. No Title, No Problem? Once you've made all the necessary … Continue reading No Title, No Loan: It’s Difficult to Get a Bank Loan Without a Land Title
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 Look Out for When Buying a House 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 Read This if Your Newly Bought Condominium Unit Has Cracks on the Walls, Unfinished Paint, or Broken Fixtures.
Using a Village Shortcut to Outsmart Traffic Rush hour traffic gets worse as you get closer to the central business districts. Some fortunate motorists who have access to residential enclaves near or within central business districts conveniently go through these villages to cut travel time and avoid gridlock. May a Subdivision Open its Gates to … Continue reading Village Shortcuts: Can Your Streets Be Used by the General Public?
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 Tired of the Wait? What You Can Do in Case Turnover of Your Property is Delayed