Developers gear up to HLURB’s amended IRRs

Early this year the Housing and Land Use Regulatory Board (HLURB) released two sets of revised implementing rules and REGULATIONS (IRRs) for Presidential Decree No. 957—otherwise known as the “Subdivision and Condominium Buyers’ Protective Decree—to safeguard prospective buyers of real estate properties from possible fraud and other malpractices in the industry.

The amended IRRs were contained in Board Resolution No. 921 and 922 and signed by Vice President Jejomar Binay who is also chair of the Housing and Urban Development Coordinating Council.

Read more: http://business.inquirer.net/188482/developers-gear-up-to-hlurbs-amended-irrs#ixzz3UJgKiDRo
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