REB-FC18

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

• COMPLEX SUBDIVISION PLAN

• SIMPLE SUBDIVISION PLAN

• RESIDENTIAL SUBDIVISION PLAN

• COMMERCIAL SUBDIVISION PLAN

It shall include every disposition, or attempt to dispose, for a valuable consideration, of a subdivision lot, including the building and other improvements thereof, if any, in a subdivision project or condominium unit in a condominium project.

• LEASE / RENT

• SALE / SELL

• GIFT / DONATE

• MORTGAGE / LOAN

The registered owner of the land subject of a subdivision or a condominium project.

• LESSOR

• TENANT

• OWNER

• DEVELOPER

Any person who, for commission or other compensation, undertakes to sell or negotiate the sale of a real estate belonging to another.

• BROKER

• AGENT

• DEALER

• MANAGER

The person who develops or improves the subdivision project or condominium project for and in behalf of the owner thereof.

• CONTRACTOR

• ARCHITECT

• DEVELOPER

• ENGINEER

A tract or a parcel of land registered under Act No. 496 which is partitioned primarily for residential purposes into individual lots with or without improvements thereon, and offered to the public for sale, in cash or in installment terms.

• SUBDIVISION PROJECT

• CONDOMINIUM UNIT

• COMMERCIAL LOT

• AGRICULTURAL LAND

It refers to the person regularly employed by a broker to perform, for and in his behalf, any or all the functions of a real estate broker.

• Broker

• Salesman

• Agent

• Realtor

Any person directly engaged as principal in the business of buying, selling or exchanging real estate whether on a full-time or part-time basis.

• DEALER

• BROKER

• AGENT

• INVESTOR

It refers to a business firm whether a corporation, partnership, cooperative or association or a single proprietorship.

• JURIDICAL PERSON

• NATURAL PERSON

• SOLE PROPRIETORSHIP

• LIMITED LIABILITY COMPANY

It shall include any contract to buy, purchase, or otherwise acquire for a valuable consideration a subdivision lot, including the building and other improvements, if any, in a subdivision project or a condominium unit in a condominium project.

• LEASE

• RENT

• BUY / PURCHASE

• SELL