What can I do about a property being sold without a license to sell?

Last Updated Mar 20, 06:26 AM

Discovering a property being sold without a necessary license is concerning, and we appreciate your diligence in such matters. According to DHSUD, the mere lack of a license to sell itself does not automatically cancel the sale, although it suggests that the project might not meet the standards and requirements set forth by PD 957. This could imply a breach of the developer's obligations to the buyer.

We encourage any buyer who encounters an unlicensed project to report it to the Regional Office where the project is located. This step is crucial for receiving appropriate assistance in purchasing a housing unit in an unlicensed project. At OnePropertee, we are committed to ensuring that all listings on our platform comply with legal standards to maintain a secure and trustworthy marketplace for our users.

If you have concerns about a specific listing or developer, please do not hesitate to contact us directly or report them to one of the Regional Offices of DHSUD. We're here to help ensure your real estate experience is positive and secure.
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Sources:
https://dhsud.gov.ph/about-us/regional-office/\ https://dhsud.gov.ph/requirement-of-license-to-sell-hred-faqs/

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