Mga dapat tandaan kung bibili ng property under NHA.
MGA DAPAT TANDAAN KYONG BIBILI NG PROPERTY UNDER NHA
(SOCIALIZED HOUSING PROGRAM)
REPUBLIC ACT NO. 7279
AN ACT TO PROVIDE FOR A COMPREHENSIVE AND CONTINUING URBAN
DEVELOPMENT AND HOUSING PROGRAM, ESTABLISH THE MECHANISM
FOR ITS IMPLEMENTATION, AND FOR OTHER PURPOSES
SECTION 14. Limitations on the Disposition of Lands, for Socialized Housing. -
No land for socialized housing, including improvements or rights thereon, shall be sold,
alienated, conveyed, encumbered or leased by any beneficiaries as determined by the
government agency concerned.
Should the beneficiary unlawfully sell, transfer, or otherwise dispose of his lot or any
right thereon, the transaction shall be null and void. He shall also lose his right to the land; forfeit
the total amortization paid thereon, and shall be barred from the benefits under this Act for a
period of ten (10) years from the date of violation.
In the event the beneficiary dies before full ownership of the land is vested on him,
transfer to his heirs shall take place only upon their assumption of his outstanding obligations. In
case of failure by the heirs to assume such obligations, the land shall revert to the Government
for disposition in accordance with this Act.
SECTION 16. Eligibility Criteria for Socialized Housing Program Beneficiaries. -
To qualify for the socialized housing program, a beneficiary:
(a) Must be a Filipino citizen;
(b) Must be an underprivileged and homeless citizen, as defined in Section 3 of this
Act;
(c) Must not own any real property whether in the urban or rural areas; and
(d) Must not be a professional squatter or a member of squatting syndicates.
FOR MORE TIPID AND WISE TIPS CLICK THE LINK BELOW
Видео Mga dapat tandaan kung bibili ng property under NHA. канала #TIPIDtrip# WISEtrip#
(SOCIALIZED HOUSING PROGRAM)
REPUBLIC ACT NO. 7279
AN ACT TO PROVIDE FOR A COMPREHENSIVE AND CONTINUING URBAN
DEVELOPMENT AND HOUSING PROGRAM, ESTABLISH THE MECHANISM
FOR ITS IMPLEMENTATION, AND FOR OTHER PURPOSES
SECTION 14. Limitations on the Disposition of Lands, for Socialized Housing. -
No land for socialized housing, including improvements or rights thereon, shall be sold,
alienated, conveyed, encumbered or leased by any beneficiaries as determined by the
government agency concerned.
Should the beneficiary unlawfully sell, transfer, or otherwise dispose of his lot or any
right thereon, the transaction shall be null and void. He shall also lose his right to the land; forfeit
the total amortization paid thereon, and shall be barred from the benefits under this Act for a
period of ten (10) years from the date of violation.
In the event the beneficiary dies before full ownership of the land is vested on him,
transfer to his heirs shall take place only upon their assumption of his outstanding obligations. In
case of failure by the heirs to assume such obligations, the land shall revert to the Government
for disposition in accordance with this Act.
SECTION 16. Eligibility Criteria for Socialized Housing Program Beneficiaries. -
To qualify for the socialized housing program, a beneficiary:
(a) Must be a Filipino citizen;
(b) Must be an underprivileged and homeless citizen, as defined in Section 3 of this
Act;
(c) Must not own any real property whether in the urban or rural areas; and
(d) Must not be a professional squatter or a member of squatting syndicates.
FOR MORE TIPID AND WISE TIPS CLICK THE LINK BELOW
Видео Mga dapat tandaan kung bibili ng property under NHA. канала #TIPIDtrip# WISEtrip#
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