Legal Question in Real Estate Law in Philippines
in the philippines foreigners are not allowed to own a land...i am a filipino and was offered assistance to buy a land with 2-door apartment by a foreign national in the philippines...she had me to sign a document that says these:
assistance being offered to buy a parcel of land in the philippines.
foreign national in the philippines will be the sole owner and all income less construction expense will be the Foreigners until the full amount lent is paid in full plus interest on cash borrowed
my family currently live in 1 of the apartments for free and the other one is being rented out in which I give to the foreign national rent earned for that unit every month.
now she wants me to move out of the house immediately or she said I can buy the house at current market value plus interest plus commision
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