Lecture on property dev’t

Going into the business of property development involves a series of critical decision-making stages that requires methodical studies and analysis without which, success becomes a hit or miss game of chance. Prospective developers should watch out for pitfall and traps and be aware of the governing rules covering, among others, plans, standards, permits, licenses and reportorial requirements. As an example, it becomes a very expensive learning experience if it would be found out later that the plans prepared do not conform to the prescribed standards.

In this regard, Urban Institute of Real Estate is inviting upcoming and current developers, professionals and property owners to a seminar on Property Development and Housing and Land Use Regulatory Board (HLURB) rules and regulations that it will conduct on July 14, 1:30 to 6 p.m. at the Maximo function room, 2nd flr., Max’s Restaurant, Glorietta 2, Ayala Center, Makati City.

This lecture will include: property development as a business; why not everybody are property developers; phases of property development; evaluating land potential; when you should not invest in vacant land; feasibility criteria; evaluating economic feasibility; needed government permits and licenses; notes on land development and housing construction; development costs; notes on industrial, commercial and condominium developments; important provisions of PD 957, BP 220, RA 6552 (Maceda Law), implementing rules of RA 7279 (Lina Law) and related issues on subdivision development such as transactions exempt from license to sell, non-completion of developments, turnover or donation of roads and parks & playground, organization of homeowners associations, registration of real estate dealers and others.

Urban is also conducting other seminars which can be attended separately, on the same time and venue as follows: July 7 – How To Start & Manage A Successful Realty Office; July 10 – Making Big Money In Distressed Properties; July 12 – How To’s Of Real Estate Appraisal; July 17 – How To’s Of Installment Sales & Lease-To-Own; July 19 – Real Estate Finance And Investment Analysis; July 21-Mathematics Of Real Estatte Investment; July 24 – Real Estate Accounting: Avoiding Violations & Penalties; July 26 – How To Prevent & Remedy Foreclosure; July 28 – Buying & Financing Your First Home: What U Need To Know.

For other details or advance registration, Urban Institute may be reached at 681-0928 or CP# 0916-426-9174 or by email at urbanet@pacific.net.ph.