PD 957 Definition Of Terms Flashcards

1
Q

Shall mean the Housing and Land Use Regulatory Board

A

Board or HLURB

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2
Q

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

A

Block

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3
Q

A building or group of buildings, used for office, business, professional services and other commercial enterprises organized, owned and maintained as a condominium

A

Commercial Condominium

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4
Q

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

A

Common Areas

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5
Q

Facilities or structures intended to serve common needs and for the benefit of the community such as schools, places of worship, hospitals, health centers, barangay centers and other similar facilities/amenities per PD 1216

A

Community Facilities

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6
Q

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, in the land on which it is located and in other common areas of the building.

A

Condominium

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7
Q

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

A

Condominium Project

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8
Q

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.

A

Condominium

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9
Q

A building or group of buildings, in which units are owned individually, and the structure, common areas and facilities are owned by the owners on a proportional undivided basis

A

Condominium

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10
Q

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

A

Condominium Unit

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11
Q

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

A

Dealer

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12
Q

Shall mean any person who acquires a lot or a portion of the subdivision and who, with or without re-subdividing or introducing housing or other facilities, sell the same, under its previous license to sell or in a new license to sell in his name to the public

A

Bulk Buyer

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13
Q

Shall mean Presidential Decree No. 957 otherwise known as “The Subdivision and Condominium Buyer’s Protective Decree”

A

Decree

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14
Q

A structure designed or used as residence

A

Dwelling Unit

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15
Q

4 types of dwelling types

A
  1. Single Detached
  2. Single Attached
  3. Duplex
  4. Rowhouse
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16
Q

A dwelling unit completely surrounded by yards

A

Single Detached

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17
Q

A dwelling unit with one side attached to a firewall

A

Single Attached

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18
Q

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

A

Duplex

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19
Q

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

A

Rowhouse

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20
Q

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.

21
Q

The side of a lot which abuts a street

22
Q

A dwelling, or portion thereof, providing complete loving facilities for one family, including provisions for living, sleeping, cooking, eating, bathing and toilet facilities and laundry facilities, the same as a single-family dwelling

A

Living Unit

23
Q

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

24
Q

Types of Lot

A
  1. Corner Lot
  2. Regular Lot
  3. Interior Lot
  4. Through Lot
  5. Irregular Lot
25
A lot situated at the intersection of two or more streets
Corner Lot
26
A lot fronting on one street and the remaining sides bounded by lot lines
Regular Lot
27
A lot located at the inner portion of a block with a minimum of 3m wide access which forms part of the lot
Interior Lot
28
A lot bounded on two opposite sides by roads
Through Lot
29
Any lot which is not rectangle nor square-shaped
Irregular Lot
30
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
Medium Cost and Open Market
31
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
Open Space
32
Means the entire parcel of real property divided or to be divided in condominiums, including all structures thereon
Project
33
Shall mean a natural or a juridical person
Person
34
Refers to a business firm whether a corporation, partnership, cooperative or association or a single proprietorship
Juridical Person
35
Shall include every disposition or attempt to dispose, for a valuable consideration, of a subdivision lot, including the building and other improvements thereof
Sale or sell
36
Shall include any contract to buy, purchase, or otherwise acquire for a valuable consideration a subdivision lot, including the building and other improvements
Buy and Purchase
37
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
Subdivision Project
38
Shall mean any of the lots, whether residential, commercial, industrial, or recreational, in a subdivision project
Subdivision Lot
39
Shall mean a subdivision plan of a registered land wherein a street, passageway or open space is delineated on the plan
Complex Subdivision Plan
40
Shall mean the entire parcel of real property divided or to be divided primarily for residential purposes into condominium units, including all structures thereon
Condominium Project
41
Shall mean a part of the condominium project intended for any type of independent use or ownership, including one or more rooms or spaces located in one or more floors in a building or buildings and such as accessories as may be appended thereto
Condominium Unit
42
Shall refer to the registered owner of the land subject of a subdivision or a condominium project
Owner
43
Shall mean the person who develops or improves the subdivision project or condominium project for and in behalf of the owner thereof
Developer
44
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
Dealer
45
Shall mean any person who, for commission or other compensation, undertakes to sell or negotiate the sale of a real estate belonging to another
Broker
46
Shall mean any person who for commission or other compensation undertakes to sell or negotiate the sale of a real estate belonging to another
Broker
47
Shall refer to the person regularly employed by a broker to perform, for and in his behalf, any or all the functions of a real estate broker
Salesman
48
Shall mean the National Housing Authority
Authority