Subdivision And condo Buyers' Protective Decree (board Resolution 921)

Question 1

Who is chairman of the HUDCC?

Answer 1

Vice President, currently Jejomar Binay

Question 2

What projects are required to be registered with the HLURB?

Answer 2

All subdivisions, including residential, commercial, farm lot and industrial
All condominiums, residential and commercial
Any other similar project including cemeteries and memorial parks

Question 3

What is a commercial subdivision?

Answer 3

Refers to a tract or parcel of land registered under act no 496 as amended by PD 1529, partitioned into individual lots or commercial use with or without improvements therein

Question 4

What is a farm lot subdivision?

Answer 4

Subdivision Project primarily intended f agricultural production with minimum lot area of 1000 sq m and 25% maximum buildable area

Question 5

Announcement of a project before License to sell is issued?

Answer 5

Can only be done by owner or developer, provided such announcement shall not include info or statement which directly or indirectly conveys or suggests the sale or marketing of any lots

Question 6

When can you advertise project?

Answer 6

Only allowed to advertise after issuance of the oroject’s license to sell and the HLURB had approved as material

Question 7

Warranties and liabilities

Answer 7

All representations in an ad shall form part of the sales warranties enforceable against owner or developer, jointly or separately

Question 8

When do the revised rules take effect?

Answer 8

Fifteen days after its publication in the official gazette or national newspaper of general circulation

Question 9

What is the transitory provision?

Answer 9

All owners, developers or advertisers with existing announcements or ads not complying with foregoing Rules of HLURB, shall within 60 days upon effect ivory immediately cease and desist from using such announcement or af material

Question 10

Board resolution 921 is under what presidential decree?

Answer 10

PD 957