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DILG AGAINST ILLEGAL REAL ESTATE PRACTITIONERS IN GOV’T – MEMO CIR. NO. 2019-86

DILG AGAINST ILLEGAL REAL ESTATE PRACTITIONERS IN GOV’T – MEMO CIR. NO. 2019-86

Great news to the industry! The Department of the Interior and Local Government has published Memorandum Circular Number  2019-86 last 04 June 2019, reiterating to all City Mayors, Municipal Mayors, Punong Barangay (Brgy. Captains), DILG Regional Directors, DILG Field Officers and all other government employees and officials about the strict implementation of Republic Act 9646 […]

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PHILIPPINE REIT IRR

PHILIPPINE REIT IRR

It’s finally here! PhilStar has reported that Ayala Land has filed for a REIT company registration with the Securities and Exchange Commission. This is news is huge in terms of its potential impact; this signals the beginning of a new phase in the maturity of the Philippine real estate industry. Once Ayala Land succeeds in […]

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THE CONDOMINIUM ACT OF THE PHILIPPINES | R.A. NO. 4726

THE CONDOMINIUM ACT OF THE PHILIPPINES | R.A. NO. 4726

REPUBLIC ACT NO. 4726 AN ACT TO DEFINE CONDOMINIUM, ESTABLISH REQUIREMENTS FOR ITS CREATION, AND GOVERN ITS INCIDENTS. Sec. 1. The short title of this Act shall be “The Condominium Act”. Sec. 2. A condominium is an interest in real property consisting of separate interest in a unit in a residential, industrial or commercial building […]

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PROPERTY REGISTRATION DECREE | PD 1529

PROPERTY REGISTRATION DECREE | PD 1529

PRESIDENTIAL DECREE No. 1529 AMENDING AND CODIFYING THE LAWS RELATIVE TO REGISTRATION OF PROPERTY AND FOR OTHER PURPOSES WHEREAS, there is a need to update the Land Registration Act and to codify the various laws relative to registration of property, in order to facilitate effective implementation of said laws; WHEREAS, to strengthen the Torrens system, […]

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BITCOIN, REAL ESTATE & THE ORDONIO SCAM

BITCOIN, REAL ESTATE & THE ORDONIO SCAM

I have skin in the game (I have Bitcoin holdings, a good friend of mine is the top Bitcoin expert in Europe and I have plans to integrate Blockchain technology to one of our SaaS company), so I was itching to make this article. The recent ₱900,000,000 Bitcoin scam perpetrated by Arnel and Leonady Ordonio […]

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NTRC – REAL ESTATE INVESTMENT TRUST: A LEGAL AND REGULATORY ANALYSIS*

NTRC – REAL ESTATE INVESTMENT TRUST: A LEGAL AND REGULATORY ANALYSIS*

NTRC Tax Research Journal Vol. XXIX.6 November – December 2017 I. INTRODUCTION With the end view of democratizing wealth by allowing Filipinos from all walks of life to invest and participate in the ownership of income-generating real estate in the Philippines, Republic Act (RA) No. 9856 or the “Real Estate Investment Trust Law” (“REIT Law”) […]

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PHILIPPINE REAL ESTATE LEAD GENERATION: CONCEPTS

PHILIPPINE REAL ESTATE LEAD GENERATION: CONCEPTS

Carpe Diem! On the 7th of December 2017, I was given the great privilege to speak at the Megaworld International Sales Division’s annual event, which happened at their new high-tech office at the Alliance Global Tower in Bonifacio Global City. The event was a gathering of the top sales executives from the different countries where […]

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