The Maceda Law
The Maceda Law
Due to this pandemic, a lot of property buyers are now facing problems with their monthly payments for the investments that they made with property developers.
As such, I have been receiving inquiries as to how they can recover their investment in case they cancel the purchase or what other options are available to them in case of default.
In this video, we talk about the Republic Act no. 6552 or what is popularly know as the Maceda Law. Said law provides protection to property buyers who purchase on an installment basis.
In this video, we go over the specifics of the law to be able to educate investors on their rights as property buyers.
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