Location: Governor Hills Subdivision General Trias NEAR Lyceum University General Trias
NOTED: House Subject for Rectification before Turn-over💯
Total Contract Price
PHP. 6,362,560
RE-OPEN UNIT
House Model: Ysabella Standard
Lot Area: 135Sqm Corner Lot
Floor Area: 109.50Sqm
3 Bedrooms & 2 Toilet and Bath
With Gate and Fence
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🍁SAMPLE COMPUTATION 10% Downpayment 12mos to pay 0%INT🍁
Total Contract Price
PHP. 6,362,560
10% Downpayment
PHP. 636,256
RESERVATION FEE
30,000
NET 10% DOWNPAYMENT
606,256
12 MOS TO PAY:
50,521
BANK FINANCING 90%
PHP. 5,726,304
15YRS@8%INT: 54,723.54
10YRS@7%INT: 66,487.23
5YRS@7%INT: 113,387.67
Call Now or Text 09916689205
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🔥 SAMPLE COMPUTATION SPOT -DOWNPAYMENT🔥
CONTRACT PRICE:
PHP. 5,392,000
6% MISC FEE: PHP. 323, 520
12%VAT: PHP. 647,070
TOTAL CONTRACT PRICE:
PHP. 6,362,560
10% DOWNPAYMENT:
PHP. 539,200
LESS: 7% DISCOUNT:
PHP. 37,744
NET DOWNPAYMENT:
PHP. 598,612
BANK FINANCING 90%
PHP. 5,726,304
15YRS@8%INT: 54,723.54
10YRS@7%INT: 66,487.23
5YRS@7%INT: 113,387.67
Call Now or Text 09916689205
💥House Rectification 💥
Defective work rectification in a house refers to the process of correcting any flaws or imperfections in the construction or building work. This can involve a range of issues, from minor cosmetic defects to major structural problems. Understanding the process of rectifying defective works is crucial for homeowners to ensure their property meets the agreed-upon standards and protects their investment.
The Importance of Rectification
Rectifying defective works is essential for several reasons:
Safety and Habitability: Defective works can pose safety risks and impact the habitability of a home, potentially leading to structural instability, water damage, or health hazards.
Compliance with Building Codes: Construction projects must adhere to local building codes and regulations. Defective works can result in non-compliance, leading to legal issues and potential fines.
Protecting Your Investment: Defective works can significantly diminish the value of your property. Rectification ensures that your investment is protected and that you receive the quality of construction you were promised.
The Rectification Process
The process of rectifying defective works typically involves the following steps:
1. Identification and Notification: The homeowner must identify the defective works and notify the builder or contractor in writing, outlining the specific issues and providing photographic or video evidence.
2. Negotiation and Agreement: The homeowner and builder should attempt to reach an agreement on the scope of the rectification works, the timeframe for completion, and the method of payment.
3. Rectification Works: The builder or contractor will undertake the necessary repairs or modifications to address the defective works.
4. Inspection and Completion: Once the rectification works are completed, the homeowner should inspect the work to ensure it meets the agreed-upon standards. A final inspection by a qualified building inspector may be required to certify the completion of the works.
Legal Considerations
Contractual Obligations: The builder's obligation to rectify defective works is typically outlined in the construction contract. This may include a defects liability period, during which the builder is responsible for addressing any defects.
Statutory Warranties: In many jurisdictions, there are statutory warranties that provide homeowners with legal protection against defective building work. These warranties may specify time frames for making claims and the remedies available to homeowners.
Dispute Resolution: If the homeowner and builder cannot reach an agreement on rectification, they may need to pursue dispute resolution mechanisms, such as mediation or arbitration. In some cases, legal action may be necessary.
Tips for Homeowners
Conclusion
Rectifying defective works in a house is a complex process that requires careful attention to detail, communication, and legal considerations. By understanding the process, homeowners can protect their investment, ensure the safety and habitability of their home, and resolve issues effectively. It's crucial to document everything, seek expert advice, and work collaboratively with the builder to achieve a satisfactory outcome.
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