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Monday, July 26, 2010

Republic Act 9646 RESA LAW ARTICLE V SEC. 39. Penal Provisions.

Any violation of this Act, including violations of implementing rules and regulations, shall be meted the

penalty of a fine of not less than One hundred thousand (P100,000.00) or imprisonment of not less than two (2) years, or both such fine and imprisonment upon the discretion of the court. In case the violation is committed by an unlicensed real estate service practitioner, the penalty shall be double the aforesaid fine and imprisonment.

In case the violation is committed, by a partnership, corporation, association or any other juridical person.

The partner, president director or manager who was committed or consented to or knowingly tolerated such violation shall be held directly liable and responsible for the acts as principal or as a co-principal with the other participants, if any.

Republic Act 9646 ARTICLE IV SEC. 31. Supervision of Real Estate Salespersons

For real estate salespersons, no examination shall be given, but they shall be accredited by the Board: Provided, That they have completed at least two (2) years of college and have undergone training and seminars in real estate brokerage, as maybe required by the Board. Real estate salespersons shall be under the direct supervision and accountability of real estate broker. As such, they cannot by themselves be signatories to a written agreement involving a real estate transaction unless the real estate broker who has direct supervision and accountability over them is also a signatory thereto. No real estate sales person, either directly or indirectly , can negotiate ,mediate or transact any real estate transaction for in behalf of a real estate broker without first securing an authorized accreditation as real estate salesperson for the real estate broker, as prescribed by the Board . A real estate broker shall be guilty of violating this Act for employing or utilizing the services of a real estate salesperson when he/she has not secured the required accreditation from the Board prior to such employment.


No salesperson shall be entitled to received or demand a fee, commission or compensation of any kind from any person, other than the duly licensed real estate broker who has direct control and supervision over him, for any service rendered or work done by such salesperson in any real estate transaction.


No violation of this provision shall be a cause for revocation or suspension of the certificate of registration of the real estate broker unless there was actual knowledge of such violation or the broker retains the benefits, profits or proceeds of a transaction wrongfully negotiated by the salesperson.

Republic Act 9646 RESA LAW Article IV SEC. 29. Prohibition Against the Unauthorized Practice of Real Estate Service

No person shall practice or offer to practice real estate service in the Philippines or offer himself/herself as real estate service practitioner, or use the title, word, letter, figure, or any sign tending to convey the impression that one is a real estate service practitioner, or advertise or indicate in any manner whatsoever that one is qualified to practice the profession, or be appointed as real property appraiser or assessor in any national government entity or local government unit, unless he /she has satisfactorily passed the licensure examination given by the Board, except as otherwise provided in this Act, a holder of a valid certificate of registration, and professional identification card or a valid special/temporary permit duly issued to him/her by the Board and the Commission, and in the case of real estate brokers and private appraisers, they have paid required bond as hereto provided.

Monday, July 12, 2010

BAMBOO ORCHARD Cabuyao Laguna





















































































BAMBOO ORCHARD

Banay-Banay Cabuyao, Laguna



SOON to Rise...


Be the first to own the well-designed, stunning and reasonably priced Townhouse unit in Cabuyao Laguna!!!!


Available Inventory


I. ANAHAW

Description: Townhouse Regular, 2 bedroom, 1 bathroom

Specifications: Painted interiors, plain cement flooring, with 2nd floor ceilings, semi- tiled bathrooms


Expected Price Computation:

Lot Area

4x9.5 = 38 sqm.

Floor Area

4x5x2 = 40 sqm.

TCP

P760,000

Reservation Fee

P10,000

Loanable Amount

P750,000

Advanced Amort

P5,704

Months to Pay

4 months

Total Advance

22,816

*Advanced amortization is applicable to last 4 months of payment.


II. MABOLO


Description: Townhouse regular (2 bedroom, 1 bath), additional 1 meter compared to Anahaw unit

Specifications: Ground floor tiles, second floor ceiling, fully interior painted, fully cemented restroom, complete partitions


Expected Price Computation:

Lot Area

38 sqm

Floor Area

48 sqm

TCP

P850,000

Reservation Fee

P10,000

P15,000

Loanable Amount

P750,000

P800,000

Total Equity

90,000

P35,000

Months to Pay

6 months

4 months

Monthly Equity

P15,000

P8,750

Estimated Amort

P5,704

P6,151 (w/o insurance)


III. YAKAL


Description: Townhouse 3 bedrooms, 2 bathrooms

Specifications: Ceramic tile ground floor, ceramic tiles for 2nd floor and stairs,


Expected Price Computation:

Lot Area

48

Floor Area

54

TCP

P1,200,000

Reservation Fee

P10,000

Loanable Amount

P1,000,000

Total Equity

P190,000

P100,000

Months to Pay

10 months

8 months to pay

Monthly Equity

P19,000

P12,500

Estimated Amort

7,689.13

7,689.13


For more information and tripping schedule please call/text:

CRB DETTE CAFRE

REBL#20793

Mobile # +639299542611

email ad : bcafre_realty@yahoo.com

visit : http://havenblissrealty.blogspot.com