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THE SUBDIVISION AND CONDOMINIUM BUYERS' PROTECTIVE DECREE (PD 957)

REGULATING THE SALE OF SUBDIVISION LOTS AND CONDOMINIUMS, PROVIDING PENALTIES FOR VIOLATIONS THEREOF

P.D. No. 957 | 1976-07-12

MALACAÑANG
Manila
 
PRESIDENTIAL DECREE No. 957         July 12, 1976
 
REGULATING THE SALE OF SUBDIVISION LOTS AND CONDOMINIUMS, 
PROVIDING PENALTIES FOR VIOLATIONS THEREOF
 
 
WHEREAS, it is the policy of the State to afford its inhabitants the requirements of decent human settlement and to provide them with ample opportunities for improving their quality of life;
 
WHEREAS, numerous reports reveal that many real estate subdivision owners, developers, operators, and/or sellers have reneged on their representations and obligations to provide and maintain properly subdivision...