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Primary Text
Registration of Project. No subdivision or condominium intended for economic and socialized housing shall be sold unless it has been registered and issued a license to sell in accordance with these Rules.
Upon receipt of the Survey Returns and Approval of Subdivision Plan from the Bureau of Lands, the Commission shall notify the developer of economic and socialized housing project, which have been granted Integrated Approval to submit the following documents to have his project registered under these Rules.
1. Certificate of Title or other sufficient evidence of ownership;
2. Affidavit attesting that the data submitted in the Original Application Forms and attachments thereto have remained the same, or if there have been any changes, incorporating therein the nature and surrounding circumstances thereof;
3. Articles of incorporation or partnership or association, with all amendments thereto, and existing by-laws, if developer is a corporation, partnership or association;
4. If property is mortgaged, mortgage contract and status of loan certified by mortgagee; in addition an undertaking by mortgagee to release the mortgage on any subdivision lots or condominium units as soon as full purchase price is paid;
5. Submit certification of availability of water supply, if proponent/developer intends to utilize existing water system; or permit from the National Water Resources Council, if he intends to put up a centralized deep well distribution system; or certificate of water potability, if he intends to leave the establishment of individual wells to lot/unit owners from the appropriate government agency.
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