Housing and Subdivision Development

The law governing the protection of buyers who are buying subdivision lots/house & lots, and condominium units is referred to as:

• Subdivision and Condominium Buyers' Protection Act
• Real Estate Buyers' Protection Act
• Property Buyers' Rights Act
• Housing Development Act

It is the National government agency tasked to provide responsive housing programs primarily to homeless low-income families with access to social services and economic opportunities:

• Human Settlements Adjudication Commission

• Social Housing Finance Corporation

• National Housing Authority

• Nation Home Mortgage Finance Corporation

Homeowner's Associations must register presently with this government agency:

• Housing and Land Use Regulatory Board (HLURB)

• Philippine Home Owner's Association Agency

• Department of Trade and Industry (DTI)

• Securities and Exchange Commission (SEC)

Which of the following is not an attached agency of the Housing and Urban Development Coordinating Council

• Housing and Land Use Regulatory Board (HLURB)

• PAG-IBIG Fund

• National Housing Authority

• Subdivision and Housing Development Association

Under the present setup, the highest policy making body for housing is:

• Department of Housing

• Housing and Urban Development Coordinating Council (HUDCC)

• Housing and Land Use Regulatory Board (HLURB)

• National Housing Authority

Under PD 957, a corporation which intends to develop a subdivision must first obtain the following from HLURB:

• Environmental Clearance
• Certificate of Registration

• Building Permit
• License to Sell

Rodrigo bought a lot on installment for 10 years but after 6 years failed to pay his monthly amortization. His rights shall be governed by:

• Maceda Law

  (R.A. 6552)

• Recto Law

• Civil Code of the Philippines

• The Subdivision and Condominium Buyers' Protective Decree

  (PD 957)

It is defined under PD 957 as a parcel of land primarily partitioned for residential purposes into individual lots, with or without improvements:

• Subdivision Projects

• Apartments

• Housing Projects

• Condominium

A subdivision plan of a registered land wherein a street, passageway or open space is delineated on the plan is a:

• Site Development Plan

• Urban Development Plan

• Complex subdivision plan

• Comprehensive Land Use Plan (CLUP)

It refers to housing programs and projects covering houses and lots, or home lots only undertaken by the Government or the private sector for the underprivileged and homeless citizens which shall include sites and services:

• Socialized Housing

• Public Housing

• Economic Housing

• Affordable Housing