Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password

You are not connected. Please login or register

forfiet condo

Go down  Message [Page 1 of 1]

1 forfiet condo on Thu Nov 06, 2014 4:29 pm


Arresto Menor
need legal advice regarding my friend property he bought a condo and paid the initial 30% of the unit but the company imposes due and demandable 70% upon move in but he is not able to pursue the property thoruogh bank finacing due to uncapability of the owner to pay but the company threatens to impose 4% montly interest as penalty until bank finacing is settle by this month can we do anything

also we know maceda law which states on r.a 6552 section 3 that refund must be implemented if the buyer will not pursue but the company if he divest he will get nothing and the property is forfeited.

View user profile

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum