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Guides and Blogs: Legalities

 

Real Estate Buyer Protection

Romeo thought that luck would always be on his side and that his phenomenal rise to success would have no end.  Now in his 50’s, he owns a multimillion peso hauling business serving Iligan, its nearby provinces, and Cebu, a far cry from his early beginnings as a mere truck driver for a local hauling company.  In the last five years, he was buying properties here and there in Cebu and in Mindanao.  He bought a few lots in well known subdivisions...Read More

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Overview of the Building Code

The Building Code of the Philippines is a relatively voluminous law comprising about 71 pages if placed in a Microsoft Word document with a 12 font. While the architect or engineer you hired for your construction should be well versed with the code, it wouldn’t hurt to know a bit about it yourself. This will come in handy for control freaks who want to double check on the work of...Read More

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The Rental Option

If Randy and Delia had a choice, they would prefer to amortize for their own property even at a higher price than they would pay monthly rental for their home. They did try to scout for a place they could amortize with their meager salaries but could not find one which would fulfill all their requirements...Read More

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Getting A Title for Your Land

A few readers have been asking lately about the process involved in titling their lands. There are two ways to get a title to a property. One is through a court order which will yield an Original Certificate of Title (OCT) or through the Department of Environment and Natural Resources (DENR) which will issue a free patent...Read More

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Adopting Zoning for Development

As has been required of all local government units, all cities and municipalities should have a zoning ordinance.  Zoning consists of dividing a city or municipality into districts (residential, industrial, commercial, etc.) and regulating within such districts the permitted uses of land, lot sizes, density, building heights, parking, setbacks, and other requirements...Read More

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Right of Way

Lyle bought a lot in Mactan early in his marriage. He was working in MEPZ holding a good position in one of the multinationals there.  It was a nice 250 sqm lot near enough to the main road so that it was accessible by foot but far enough so that you don’t hear the noise of the street. He had planned to build a house there eventually...Read More

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