Legal Question in Real Estate Law in Philippines

a person sold me a lot which is owned by home guaranty corporation ,a govt owned corp.(HGC).he showe me a certificat of award that he won the bid for the lot.i paid 40%of the selling price,and he gave me a contract to sell and a deed of assignment.upon payment of bal he will give me the notarized deed of sale bet HGC and me para daw minsanan na ang transfer at pagbayad ng taxes.he let me sign a deed of sale but since hindi pa notarized ayw ko pa magbayad .so sabi po nya ilalakad daw.its almost 2mos.wala pang development.nag inquire po ako sa HGC thru phone and i was told na hindi pwede ang deed of assignment at hindi daw pwede matransfer sa akin .bawal daw po yon kailangan daw matransfer muna sa kanya.may i ask atty if i can back out from the contract at ibalik na lang yong pera k.kung ayaw nya pewde k ba sya idemanda.


Asked on 9/10/12, 9:46 pm

1 Answer from Attorneys
VOLTAIRE T. DUANO VOLTAIRE T. DUANO LAW OFFICE

Why don't you tell him that both of you should go to HGC to discuss this. If he cannot comply with your agreement then ask for a refund from him in writing.

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Answered on 9/12/12, 6:53 am


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