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Non-Forfeiture of Payments

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Sanctions for Violating PD 957

Venue for Filing of Cases for Violation of PD 957

Task Force to Monitor Investment Scheme in Real Estate Project.

Prohibition Against Owner/Developer to Collect Fees for Community Benefit

Mga Dapat Tandaan Kung Bibili ng Bahay at Lupa sa Isang Broker o Developer
 

 

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Non-Forfeiture of Payments

A buyer’s payment for a subdivision lot or condominium unit cannot be forfeited by the owner or developer when he desists paying on the ground that the project is not develop per approved plans and within the time limit for development. He must, however, notify the owner or developer of his decision to suspend payments.


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