Legal Question in Real Estate Law in Philippines
Year 2007 : I had purchased a lot thru in house financing 3 year to pay
Year 2010 : I had completed the payments
2 years had already past, despite of continuous follow up and update request, until now the property land title has not been transferred on my name by the developer.
Need advise for legal action to take.
Respectfully yours,
RONNIE
CITIZEN : FILIPINO
CURRENTLY RESIDING : United Arab Emirates
Asked on 7/06/12, 4:12 am
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
File a complaint with the HLURB.You can file a complaint for unsound reasl estate business practice and rescission of the sale with damages and interest. But before you formally initiate the complaint send a letter expressly demanding the title or the refund of what you paid with interests.
Answered on 7/06/12, 6:11 am