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Supreme Court Ruling on Subdivision Development by elle is a document available to read on EtoBox.

What is Supreme Court Ruling on Subdivision Development about?

This document is a summary of a Supreme Court case from 1996 regarding a land purchase agreement entered into in 1972. The major question is whether the buyer can stop paying amortizations due to the subdivision not being developed, even though the law protecting buyers (P.D. 957) was passed in 1976. The Court ruled that P.D. 957 applies retroactively based on the clear legislative intent to protect buyers. It aims to remedy problems that existed prior to its passage. Certain provisions also explicitly appl

Author

elle

Language

EN