Legal Question in Landlord & Tenant Law in Philippines
Reservation
The tenant already signed our reservation form, at the bottom of our form says: Note: The whole reservation amount will be forfeited in case the tenant decide to withdraw or back out. Is this internal ruling will be consider legal when it comes to rental law.
Asked on 1/24/08, 7:08 pm
1 Answer from Attorneys
Reynaldo Destura
Destura & Associates Law Offices
Re: Reservation
yes. this duly signed agreement with such a stipulation is valid
Answered on 1/24/08, 7:30 pm
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