Saturday, January 7, 2017

PD 957 - No owner or developer shall levy upon any lot or unit buyer a fee for an alleged community benefit.

See - Buyers



"x x x.

Prohibition Against Owner/Developer to Collect Fees for Community Benefit

May an owner/developer collect contributions from buyers to finance certain services for community benefit? No.

Any collections for said purpose may only be done by the duly organized homeowners association but with the consent of the actual residents in the project.

Section 27 of PD 957 provides, thus:

“SECTION 27. Other Charges. – No owner or developer shall levy upon any lot or unit buyer a fee for an alleged community benefit. Fees to finance services for common comfort, security and sanitation may be collected only by a properly organized homeowners association and only with the consent of a majority of the lot or unit buyers actually residing in the subdivision or condominium project.”

x x x."