Category Archives: HLURB

A mortgage contract executed in breach of Section 18 of [PD 957] is null and void

Mortgage contract void As the HLURB Arbiter and Board of Commissioners both found, DELTA violated Section 18 of PD 957 in mortgaging the properties in Delta Homes I (including Lot 4) to the BANK without prior clearance from the HLURB. … Continue reading

Posted in Contract to Sale, HLURB, Mortgage, Obligations and Contracts, Uncategorized | Leave a comment