Published — July 6, 2021
The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any.
Also, the matters contained in the following were written in accordance with the law, rules, and jurisprudence prevailing at the time of writing and posting, and do not include any future developments on the subject matter under discussion.
After reading Who is a homeowner? also read WHAT IS MAGNA CARTA FOR HOMEOWNERS AND HOMEOWNERS’ ASSOCIATION? What Is Magna Carta for Homeowners And Homeowners’ Association?
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A homeowner may be an owner or purchaser of a lot in a subdivision or village
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A homeowner may also refer to an informal settler
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Homeownership may be terminated
I n our previous article, we wrote about Magna Carta for Homeowners and Homeowners’ Association. Who is a Homeowner?
The law says:
A homeowner refers to any of the following:
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An owner or purchaser of a lot in a subdivision/village
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An awardee, usufructuary, or legal occupant of a unit, house and/or lot in a government socialized or economic housing or relocation project and other urban estates;
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An informal settler in the process of being accredited as beneficiary or awardee of ownership rights under the Community Mortgage Program (CMP), Land Tenure Assistance Program (LTAP), and other similar programs of the government.
Please take note that every homeowner has the right to enjoy the basic community services and facilities provided that the he or she pays the necessary fees, charges pertaining to basic community services, and other special assessments such as but not limited to construction bond and stickers.
When does homeownership begins?
The law says:
Homeownership begins:
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By owning a lot in a subdivision or village;
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By purchasing a lot in a subdivision or village;
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By being awarded, or by being a usufructuary, or by legally occupying, a unit, house, and/or lot in a government
socialized or economic housing or relocation project and other urban estates; and
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By being listed as prospective beneficiary or awardee of ownership rights under the CMP, LTAP, and other similar programs.
May a homeownership be terminated?
The law says:
Homeownership ends by:
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Terminating ownership through conveyance of the property by sale, assignment or donation; or
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Any other legal transfer of ownership, which shall automatically authorize the association to deny homeowner rights to the transferee.
Alburo Alburo and Associates Law Offices specializes in business law and labor law consulting. For inquiries, you may reach us at info@alburolaw.com, or dial us at (02)7745-4391/0917-5772207.
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