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Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
Filinvest City, a 244-hectare mixed-use development project located at the southern end of Metro Manila and adjacent to the South Luzon Expressway in Alabang. Filinvest Land, Inc. – is a real estate firm subsidiary of Filinvest Development Corporation also owned by the Gotianun family. [8]
On December 9, 2014, a new Senate Resolution 1054 has been released from the office of the same senator to upgrade Resolution 859 by including alleged violations of real-estate developers on the independence of homeowners associations from control of real estate developers as mentioned in Republic Act 9904 implementation. [23] [24]
A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms:
In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. [1] Rescission is the unwinding of a transaction.
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located.
The development was earlier known as the Filinvest Corporate City but was rebranded as Filinvest City to reflect a shift of the area as a mixed-use development from a primarily commercial venture. [5] The master plan for Filinvest was revised in 2017 with the help of Singaporean firm AECOM. This led to the opening of the Spectrum Linear Park ...