Self Help for Real Estate Professionals

Back to Department of Human Settlements& Urban Development

  • CONDOMINIUM AND SUBDIVISION BUYERS’ RIGHTS NON-FORFEITURE OF PAYMENTS
    in Department of Human Settlements& Urban Development
    Posted Jul 15, 2021

    CONDOMINIUM AND SUBDIVISION BUYERS’ RIGHTS

    NON-FORFEITURE OF PAYMENTS

    Section 23 of P.D. 957 states that a project owner or developer cannot forfeit a buyer's payment for a subdivision lot or condo unit when the buyer after due notice, stops paying for it because the project has not been developed according to plans and within the time limit allowed by DHSUD.

    Likewise, the buyer has the option to demand a refund of the total amount paid with legal interest. This amount includes amortization interest, but excludes delinquency interest.

    Buyers may file a verified complaint before the Human Settlements Adjudication Commission for the violation of the said right/s.

    https://www.facebook.com/hsacph/

Join Group

Recent Group Properties:

Active
Boosted
₱ 3.02 million
For Sale Townhouse
2 Bedrooms 1 Bathroom 40 sqm.
Cabanatuan Nueva Ecija
Active
Priority Assistance
₱ 3.00 million
For Sale Pre-Selling Beach Property
180 sqm.
Mariveles Bataan
Active
Priority Assistance
₱ 5.30 million
For Sale Pre-Owned Residential Condo
1 Bedroom 1 Bathroom 27 sqm.
Mandaluyong
Active
Priority Assistance
₱ 6.00 million
For Sale Pre-Owned Residential Condo
1 Bedroom 1 Bathroom 25 sqm.
General Trias Cavite
Active
Boosted
₱ 1.26 million₱ 34,453/sqm
For Sale Memorial Lot
36 sqm.
Cabanatuan Nueva Ecija
Active
Priority Assistance
₱ 4.80 million
For Sale Pre-Owned Single Attached House
2 Bedrooms 1 Bathroom 56 sqm.
General Trias Cavite
Active
Priority Assistance
₱ 14.0 million
For Sale Ready For Occupancy Apartment
10 Bedrooms 7 Bathrooms 150 sqm.
Baliuag Bulacan
Active
Priority Assistance
₱ 1.06 million₱ 8,800/sqm
For Sale Residential Lot
120 sqm.
Victoria Laguna
Active
In Demand
₱ 11.0 million₱ 32,835/sqm
For Resale Residential Lot
335 sqm.
Nuvali Santa Rosa Laguna
Active
In Demand
₱ 4.20 million
For Sale Pre-Selling Residential Condo
2 Bedrooms 2 Bathrooms 39 sqm.
Quezon City
Active
In Demand
₱ 1.33 million
For Sale Ready For Occupancy Townhouse
2 Bedrooms 1 Bathroom 46 sqm.
Pandi Bulacan
Active
In Demand
₱ 3.40 million
For Sale Ready For Occupancy Townhouse
2 Bedrooms 1 Bathroom 38 sqm.
Rodriguez Montalban Rizal