About this document
Condominium Act Overview and Definitions by Paulo Lorenzo Alfonso is a document available to read on EtoBox.
The Condominium Act (Presidential Decree No. 957) establishes definitions and regulations for real estate transactions, including the roles of brokers, salesmen, and developers. It mandates that the National Housing Authority regulates the real estate trade, requiring registration and licensing for selling subdivision lots and condominium units. The Act also outlines procedures for project registration, performance bonds, and the grounds for suspension or revocation of licenses.
- Author
- Paulo Lorenzo Alfonso
- Language
- EN