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- Check if the Project has a License to Sell.
You should ask the seller or broker/agent of the owner/developer if the project
is registered and has a License to Sell issued by HLURB:
- Conduct a personal visit to the subdivision/condominium, where the house
and lot or condo unit to be purchased is located;
If the project has a License to Sell, you may already enter into a Contract
to Sell with the owner/developer. However, there are things which must be
checked:
- The date of completion of the project as indicated in the License to Sell;
- If the property is mortgaged, it should have a Clearance to Mortgage from
the HLURB;
- That the facilities and amenities represented in the advertisement flyers/
brochures are in accordance with the approved subdivision and condominium
plan on file with HLURB.
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