PD 957 Essentials: Subdivision & Condo Buyers' Protection

Master PD 957 (Subdivision and Condominium Buyers' Protective Decree). Learn about License to Sell requirements, developer obligations, buyer payment protections, advertising rules, and enforcement. explained in plain language with real-world scenarios.

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6 lessons · 43 min total reading · Free

What You'll Learn

  • Identify the registration and License to Sell requirements for developers
  • Understand how developer advertisements become enforceable warranties
  • Know buyer rights when developers fail to deliver or complete projects
  • Recognize mortgage restrictions and contract registration obligations
  • Understand developer obligations regarding fees, open spaces, and HOA formation
  • Identify penalties for PD 957 violations and the government take-over power