What is the mandate of the HLURB for NAIA Garden Residences

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  1. Complete the project in accordance with the approved development plan and therefore not later than December 2016, and advise buyers in writing of such time frame for development.
  2. Maintain the facilities until their turnover is authorized pursuant to PD 1216.HLURB Licence to Sell
  3. Register the instrument relative to any sale with the Register of Deeds whether or not the price is fully paid within 180 days from execution.
  4. Deliver the title free from the liens and encumbrance to fully paid buyers or if mortgaged redeem and deliver the same within six months from all payment.
  5. Pay the real estate tax assessment on the lot/unit  until the year the tile is transferred to on actual possession/occupation is taken by the buyer.
  6. Refrain from forfeiting payments made by the buyer who suspend amortization after due notice to owner or developer on ground of incomplete development of non-development.
  7. Submit report showing the extent of the project development and changes in corporate officer within 60 days after each semester .
  8. Initiate the organization of home unit owners.
  9. Refrain from levying any fee for an alleged community benefit upon the buyers, and
  10. Comply with other provisions of the pertinent law, rules and regulations.
To get a copy of the NAIA Garden Residences License to Sell issued by the HLURB, please complete the form below.
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