Law on real estate transactions

MANILA, Philippines - Anyone who intends to acquire, lease, mortgage a peace of real estate or who intends to go into any real estate business should be aware of the importance of knowing the different legal aspects of a real estate transaction. This will prevent being swindled or victimized by unscrupulous operators and in other cases avoid misunderstandings that may result to expensive and time consuming judicial court proceedings.

In this regard, Urban Institute of Real Estate will conduct a lecture on “Legal Aspect of Sale, Mortgage, and Lease with Documentation and Registration, near the exit of Glorietta 2 Makati City lawyer-professor Rex Enrico DV. Cruz III as lecturer.

This topic covers contract f sale, options, earnest money, characteristics of mortgages, kinds of mortgages, mortgage without marital consent, foreclosure, redemption, assignment of lease and sublease, issues on improvements introduced by the lessee, sale of leased properties, rent control law, important provisions for Contract of Agency, Sale, Lease and Mortgage and others, sample of legal forms, importance of notarization and registration, adverse claims, notice of lis pendens, and registration requirements and other important topics. An open forum and consultation will follow after every lecture.

The topics, which may be attended separately and are all stand alone are as follows: Aug. 19 – How to Maximize Income of Rental Properties; Aug.26 – The How to’s of Property Development with HLURB Rules; Sept. 9 – Joint Ventures and Syndications for Real Estate Projects; Sept. 16 – Property Valuation: How to Do It Yourself; Sept. 23 – How to Start and Manage A Successful Real Estate Brokerage Company; Sept. 30 – Taxation of Real Estate Transactions; Oct. 7 – Real Estate Finance and Investment Analysis; Oct. 14 – Making Big Money in Distressed Properties;

For other details of advance registration, Urban Institute may be reached at 948-8191 or 796-8019, or CP# 0916-426-9174/0921-683-9431 or by email at [email protected] or [email protected]. Details may also be viewed at www.urban-institute.blogspot.com.