Скачать или смотреть 🏘️ AVOID GETTING SCAM! DELAYED TURNOVERS! | WHAT IS LICENSE TO SELL | CAN I GET REFUND? 💰

Link(s):
Youtube Video:    • 🏘️PRESELLING. AFFORDABLE OR SCAM?! | THING...  
Order of Issuance of TLS: https://dhsud.gov.ph/wp-content/uploa...
Real Estate Developers LTS and Certificate of Registration Application Guide: https://dhsud.gov.ph/services/developer/

2 Questions in regards for buying a property without a license to sell
1. Ano mangyayari sa case na ito?
2. If gusto mo magcancel, are you entitled for a refund?

Watch the video until the end!

A License to Sell (LTS) is a certificate issued by the Department of Human Settlement and Urban Development or DHSUD by a real estate or property developer. DHSUD are responsible for registering and issuing licenses for subdivision and condominium developments, agricultural lots, memorial parks, etc.

They are also responsible for overseeing the development and construction of projects that are registered or licensed.

This is a mandate under The Presidential Decree No. 957 under Section 5 which mentions that:“Such owner or dealer to whom has been issued a registration certificate shall not, however, be authorized to sell any subdivision lot or condominium unit in the registered project unless he shall have first obtained a license to sell the project within two weeks from the registration of such project.”

More details if you'd watch this informative video! Enjoy!