Bill Type
Short Title
SUBDIVISION AND CONDOMINIUM BUYERS' PROTECTIVE DECREE AMENDMENTS OF 2008
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
39
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Senate Legis Intranet Link
Legislative History
House Bill/Resolution NO. HB05384 | |
FULL TITLE : AN ACT INSTITUTING REFORMS IN THE SUBDIVISION AND CONDOMINIUM BUYERS' PROTECTIVE DECREE | |
SHORT TITLE : The Subdivision And Condominium Buyers' Protective Decree Amendments Of 2008. | |
ABSTRACT : Provides, among others, for the seller to register all deeds of sale of subdivision lots and condominium units that are already paid in full; and mandates the registration by the developer of a contract to sell under an installment scheme, the registration of which would be shouldered by the buyer. | |
PRINCIPAL AUTHOR/S : ZIALCITA, EDUARDO C. | |
DATE FILED : 2008-10-10 | |
SIGNIFICANCE: NATIONAL | |
CO-AUTHORS : | |
1. Villarosa | 2. Gunigundo |
3. Teodoro | 4. Sy-Alvarado |
5. Lazatin | |
ACTIONS TAKEN BY THE COMMITTEE | |
COMMITEE HEARINGS/ACTIONS: | |
1. Committee Report filed on 2008-10-10 | |
COMMITTEE REPORT NO. 01469 | |
SUBMITTED ON 2008-10-10 | |
SUBMITTED BY: HOUSING AND URBAN DEVELOPMENT | |
RECOMMENDATIONS: approval | |
SUBSTITUTED BILLS: HB02257, HB00413 | |
ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
REFERRAL TO THE COMMITTEE ON RULES ON 2008-10-10 | |
DATE INCLUDED IN OB: 2008-10-10 | |
DATE CALENDARED : 2008-10-10 | |
SECOND READING INFORMATION | |
DATE APPROVED ON SECOND READING : 2008-11-17 | |
REMARKS : On Nov. 17, 2008, the Body approved to consider the Explanatory Note of the Bill as the sponsorship remarks on the measure; terminated the period of sponsorship and debate; approved the amendments as contained in the Ctte. Rpt., if any;terminated the period of amendments; and approved the same on Second Reading. | |
THIRD READING INFORMATION | |
DATE COPY DISTRIBUTED TO MEMBERS: 2008-11-25 | |
DATE APPROVED BY THE HOUSE ON THIRD READING :2008-12-10 | |
HOUSE VOTES: YEAS:180 NAYS:0 ABSTAIN:.0 | |
DATE TRANSMITTED TO THE SENATE: 2008-12-17 | |
ACTIONS TAKEN BY THE SENATE/HOUSE | |
DATE RECEIVED BY THE SENATE: 2008-12-17 | |
REMARKS : |
Abstract
Provides, among others, for the seller to register all deeds of sale of subdivision lots and condominium units that are already paid in full; and mandates the registration by the developer of a contract to sell under an installment scheme, the registration of which would be shouldered by the buyer.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.