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JTIC Liability in Condominium Dispute by Karen De Villa is a document available to read on EtoBox.

1) JTIC entered into a joint venture agreement with PPGI to develop a condominium project, with JTIC owning 17% of units and PPGI owning 83%. 2) PPGI executed contracts to sell with Spouses Ang for a condominium unit and parking space. 3) When the project was not completed as scheduled, Spouses Ang sued JTIC and PPGI for refunds. HLURB found JTIC and PPGI solidarily liable to pay damages to Spouses Ang.

Author
Karen De Villa
Language
EN