Pd 957

Question 1

PD 957

Answer 1

The subdivision and condominium buyer’s protective decree

Question 2

shall mean a natural or a juridical person.

Answer 2

Person

Question 3

shall include every disposition, or attempt to dispose, for a valuable consideration, of a subdivision lot, including the building and other improvements

Answer 3

Sale or sell

Question 4

shall include any contract to buy, purchase, or otherwise acquire for a valuable consideration a subdivision lot

Answer 4

Buy and purchase

Question 5

shall mean a tract or a parcel of land registered under Act No. 496 which is partitioned primarily for residential purposes into individual lots with or without improvements thereon, and offered to the public for sale, in cash or in installment terms.

Answer 5

Subdivision project

Question 6

shall mean any of the lots, whether residential, commercial, industrial, or recreational, in a subdivision project.

Answer 6

Subdivision lot

Question 7

shall mean a subdivision plan of a registered land wherein a street, passageway or open space is delineated on the plan.

Answer 7

Complex subdivision plan

Question 8

shall mean the entire parcel of real property divided or to be divided primarily for residential purposes into condominium units, including all structures thereon.

Answer 8

Condominium project

Question 9

shall mean a part of the condominium project intended for any type of independent use or ownership

Answer 9

Condominium unit

Question 10

shall refer to the registered owner of the land subject of a subdivision or a condominium project.

Answer 10

Owner

Question 11

shall mean the person who develops or improves the subdivision project or condominium project for and in behalf of the owner thereof.

Answer 11

Developer

Question 12

shall mean any person directly engaged as principal in the business of buying, selling or exchanging real estate whether on a full-time or part- time basis.

Answer 12

Dealer

Question 13

shall mean any person who, for commission or other compensation, undertakes to sell or negotiate the sale of a real estate belonging to another.

Answer 13

Broker

Question 14

shall mean any person who, for commission or other compensation, undertakes to sell or negotiate the sale of a real estate belonging to another.

Answer 14

Salesman

Question 15

shall mean the National Housing Authority.

Answer 15

Authority

Question 16

shall mean the Housing and Land Use Regulatory Board.

Answer 16

Board

Question 17

a parcel of land bounded on the sides by streets or alleys or pathways or other natural or man-made features, and occupied by or intended for buildings

Answer 17

Block

Question 18

• a building, or group of buildings, used for office, businesses, professional services and other commercial enterprise organized, owned and maintained as a condominium.

Answer 18

Commercial condominium

Question 19

means the entire project excepting all units separately granted, held or reserved.

Answer 19

Common areas

Question 20

facilities or structures intended to serve common needs and for the benefit of the community such as schools, places of worship, hospitals,

Answer 20

Community facilities

Question 21

shall mean an interest in real property consisting of a separate interest in a unit in a residential, industrial or commercial building and an undivided interest in common directly or indirectly,

Answer 21

Condominium

Question 22

A building in which each individual unit is held in separate private ownership and all floor space, facilities and outdoor areas used in common by all tenants are owned, administered and maintained by a corporation created pursuant to the provisions of the appropriate statute.

Answer 22

Condominium

Question 23

means the entire parcel of real property divided or to be divided in condominium, including all structures thereon.

Answer 23

Condominium project

Question 24

means a part of the condominium project intended for any type of independent use or ownership, including one or more floors (or part or parts of floors) in a building or buildings and such accessories as may be appended thereto.

Answer 24

Condominium unit

Question 25

structure designed or used as residence

Answer 25

Dwelling unit

Question 26

a dwelling unit completely surrounded by yards.

Answer 26

Single detached

Question 27

a dwelling unit with one side attached to a firewall.

Answer 27

Single attached

Question 28

a dwelling unit containing 2 separate living units each of which is separated from another by a firewall and provided with independent access.

Answer 28

Duplex

Question 29

dwelling units containing 3 or more living units designed in such a way that they a but each other and are separated from each other by a firewall each unit provided with independent access.

Answer 29

Rowhouse

Question 30

any wall which subdivides a building so as to resist the spread of fire, by starting at the foundation and extending continuously through all storeys to, or above the roof.

Answer 30

Firewall

Question 31

the side of a lot which abuts a street.

Answer 31

Frontage

Question 32

a dwelling, or portion thereof, providing complete living facilities for one family,

Answer 32

Living unit

Question 33

portion of a subdivision or any parcel of land intended as a unit for transfer or ownership for building development.

Answer 33

Lot

Question 34

Refers to housing projects where prices of house and lot packages are within the suggested price ranges as determined through HUDCC resolution and falling under the standards prescribed in these rules.

Answer 34

Medium cost and open Market

Question 35

shall refer to an area reserved exclusively for parks, playgrounds, recreational uses, schools, roads, places of worship, hospitals, health centers, barangay centers and other similar facilities and amenities.

Answer 35

Open space