Statements (30)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Philippine law
|
| gptkbp:additionalRefundPerYear |
5% per year after five years
|
| gptkbp:appliesTo |
property development
contracts to sell installment buyers |
| gptkbp:author |
Ernesto Maceda
|
| gptkbp:citation |
https://lawphil.net/statutes/repacts/ra1972/ra_6552_1972.html
|
| gptkbp:country |
gptkb:Philippines
|
| gptkbp:dateEnacted |
1972
|
| gptkbp:excludes |
commercial buildings
industrial lots commercial lots |
| gptkbp:gracePeriodDuration |
one month per year of paid installments
|
| https://www.w3.org/2000/01/rdf-schema#label |
Maceda Law
|
| gptkbp:maximumRefund |
90% of total payments made
|
| gptkbp:minimumInstallmentsForRefund |
at least two years
|
| gptkbp:officialName |
Realty Installment Buyer Protection Act
|
| gptkbp:provides |
grace period for buyers
refund of payments under certain conditions right to assign or sell rights right to pay in advance |
| gptkbp:purpose |
protect buyers of real estate on installment payments
|
| gptkbp:refundPercentage |
50% of total payments made
|
| gptkbp:RepublicActNumber |
6552
|
| gptkbp:section |
Section 3: Grace period
Section 4: Refund of payments Section 5: Assignment of rights Section 6: Advance payment |
| gptkbp:bfsParent |
gptkb:Recto_Law
|
| gptkbp:bfsLayer |
7
|