REAL ESTATE BUYERS PROTECTION ACT

Real Estate Buyers Protection Act: The Maceda Law (RA 6552) A public policy to protect buyers of real estate on installment payments against onerous and oppressive conditions. SECTION 3. In all transactions and contracts involving the sale or financing of real estate on installment payments, including residential condominium apartments but excluding industrial lots, commercial buildings and

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HOME BUYER 101: PH SUBDIVISION AND CONDOMINIUM BUYER RIGHTS

SUBDIVISION AND CONDOMINIUM BUYER’S RIGHTS – PHILIPPINE LAWS PRESIDENTIAL DECREE No. 957 July 12, 1976 PD 957 is a Decree Issued by our past president Ferdinand E. Marcos regulating the the real estate business specially the the developers. This Decree is commonly called THE SUBDIVISION AND CONDOMINIUM BUYERS’ PROTECTIVE DECREE. WHEREAS, numerous reports reveal that

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