Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 17, 18, 20, 22, 25, 27, 38 AND 39 OF PRESIDENTIAL DECREE NO. 957, OTHERWISE KNOWN AS THE SUBDIVISION AND CONDOMINIUM BUYER'S PROTECTIVE DECREE
Date filed
December 16, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB03523 |
| FULL TITLE : AN ACT AMENDING SECTIONS 17, 18, 20, 22, 25, 27, 38 AND 39 OF PRESIDENTIAL DECREE NO. 957, OTHERWISE KNOWN AS THE SUBDIVISION AND CONDOMINIUM BUYER'S PROTECTIVE DECREE |
| ABSTRACT : The bill seeks to clarify the gray areas in certain provisions of PD 957. Among others, it provides for greater protection to buyers, includes condominium units and pre-selling scheme within the ambit of the law and provides protection to developers who fail to meet the completion schedule for reasons beyond their control. |
| PRINCIPAL AUTHOR/S : ZIALCITA, EDUARDO C. |
| DATE FILED : 2004-12-16 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Committee Report filed on 2005-03-31 |
| MOTHER BILL: HB04073 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON HOUSING AND URBAN DEVELOPMENT ON 2005-01-05 |
Abstract
The bill seeks to clarify the gray areas in certain provisions of PD 957. Among others, it provides for greater protection to buyers, includes condominium units and pre-selling scheme within the ambit of the law and provides protection to developers who fail to meet the completion schedule for reasons beyond their control.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.