Condominium Legal Articles

If you are fond of reading tabloids, you will surely encounter a lot of news reports about people charged with the crime of “alarm and scandal.” What exactly is this crime? Well, if you see someone who discharges a firearm, a rocket, a firecracker, or any other explosive in a public place with the intention to cause alarm or danger, he or she will most probably be charged with, among other crimes, “alarm and scandal.” This crime is punishable under Article 155 of the Revised Penal Code. Likewise, if you find your neighbor drunk and causing disturbance

RENTING OUT your own condominium unit is a fairly sure way to live a life of leisure even before the age of retirement. Rent payments come in without fail, as constant as the waxing and waning of the moon. Truly, in times of volatile economy, you feel so blessed to own such a stable income-generating property. Until one sunny day, you find out that the lessee’s check bounces. So there, a tiny problem begins to muddle your head, but not yet big enough to befuddle your composure. It can just be life’s way of testing your sobriety. Anyway, the les

  Renting out your condo unit is a profitable activity that does not require a lot of your time and attention.It can also be a steady source of income without much stress, provided that the person to whom you are renting it out is a good lessee who pays rent on time and does not unreasonably complain on a regular basis. How to determine a potentially good lessee depends on your own personal assessment. I have enumerated below some of the issues that may be a source of conflict in a rental or lease agreement. I do hope it may help you out. a. M

  Accidents do happen.Our common understanding of it is that any injury or damage as a consequence of an accident is not compensable, but a matter of fate. We view accidents as something unexpected, unavoidable and unintentional. Good faith is a given. A coconut dropping from a tree and smashing the windshield of a car parked underneath it -- is unfortunate but is it an accident? We are not all Einsteins. We sometimes make the silly mistake of parking the car beside a coconut tree. But a brick falling from a 10-story building being constructed

April 17, 2008 All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR "®" logo on the business card or other marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyer

Who would have imagined that living in a condo would be such a gustatory adventure? Claire Agbayani walks us through her smorgasbord of yummy options..  

Buying a condominium unit is not cheap. You should always get what you pay for. If your developer promised to deliver your unit yesterday and it failed, you should complain. But complain politely. It is good to talk to them in person, yet having your complaint written down avoids further misunderstanding. Request also that their response be written. Your developer may, by chance, have a good reason for failing to deliver on its promise now, but what about next time? Whether you let this pass is all up to you -- at the least, do have everything in blac

  SECTION 1. The short title of this Act shall be "The Condominium Act".              SECTION 2. A Condominium is an interest in real property consisting of a separate  interest in a unit residential, industrial or commercial building or in an industrial and undivided interest in common, directly and indirectly, in the land, or the appurtenant interest of their respective units in the common areas. The real right in condominium may be ownership or any interest in real property recog

Legal OptionsAtty. Edwin Calica Cacayorin, Jr. In buying a condominium unit, the point of litigation is most often not on what is provided in the contract, but on the circumstances involved in the transaction. The contract itself is legally worded in such terms as may appear fair to both parties.Do request however from the seller to fully explain (a) the terms of payment, in case of default in paying the premium – what happens; (b) the delivery or, more interestingly, the non-delivery of property on its due date – what are your options; and (c) whether

Section 1. This Act shall be known as the "Realty Installment Buyer Act." Section 2. It is hereby declared a public policy to protect buyers of real estate on installment payments against onerous and oppressive conditions. Section 3. In all transactions or contracts involving the sale or financing of real estate on installment payments, including residential condominium apartments but excluding industrial lots, commercial buildings and sales to tenants under Republic Act Numbered Thirty-eight hundred forty-four, as amended by Republic Act Numbered Si