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AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES. Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:: ARTICLE I.
Under the Civil Code of the Philippines (the "Civil Code") the term “real estate” covers the following: Land, buildings, roads and constructions of all kinds adhered to the soil. Trees, plants and growing fruits, while they are attached to the land or form an integral part of immovable property.
If you’re a first-time real estate investor, it’s best to familiarize yourself with real estate laws in the Philippines. You could use your knowledge to confirm your rights and obligations—should the need arise—and make informed decisions.
Feb 17, 2024 · Navigating the real estate laws in the Philippines requires a thorough understanding of property ownership restrictions, the home buying process, and rental regulations. Whether you are a local resident, a foreign investor, or a prospective tenant, being well-informed about these legal frameworks is essential.
Sep 9, 2023 · Republic Act No. 9646, or the Real Estate Service Act of the Philippines, plays a crucial role in regulating the practice of real estate service in the country. By establishing ethical standards, promoting consumer protection, and ensuring high-quality services, this law aims to create a trustworthy and reliable real estate industry.
- Joseph Rosario
Basics of Philippine Real Estate Laws. Before diving into the specific aspects of property ownership and transactions in the Philippines, it is crucial to first familiarize yourself with the fundamental legal framework governing real estate in the country.
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Dec 4, 2018 · PH real estate laws are the Philippine laws regulating the real estate field of business. These laws also aim to protect the rights of investors and buyers. Find out some PH real estate laws regulating all real estate processes.