[ Manila Bulletin Online ] November 5, 2008
BAGUIO CITY — City officials have warned prospective buyers of house-and-lot packages at 98 subdivision projects in this mountain resort city and neighboring Benguet, disclosing that these realty projects do not have certificates of registration and license to sell.
The warning was aired by Councilor Isabelo Cosalan Jr. who called on the developers, contractors, and subdivision owners to secure the permits from the Housing and Land Use Regulatory Board (HLURB) before they start selling house-and-lot packages.
Records of the city government show that at least 98 real estate and subdivision projects are without certificates of registration and licenses to sell but these are being advertised to attract buyers.
The city official said there is a need to warn and discourage would-be buyers against transacting with the owners of the unregistered and unlicensed projects to avoid problems in the future.
Cosalan said there is a possibility of endangering lives of people if the activities of the developers are not supervised by concerned government agencies that are in charge of regulating the implementation of these projects.
The city government first approves the development permit and subdivision plans before the HLURB issues the certificate of registration and license to sell of a subdivision. The subdivision owners can sell the property only after they comply with these requirements.
However, the city official there are still many unscrupulous individuals or corporations that alter the plans and uses of communities and zones as prescribed by law. (Dexter See)
