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Policies
Conditions of Sale
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Non-refundable reservation fee ranges from P7,500 – P30,000
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Amount paid formalizes the reservation of a housing unit in the project and forms part of the equity
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First come, first served basis
Transfer of Location/Ownership
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Transfer fee of P3,000 is required
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Retain prevailing selling price and terms at point of transfer (allowed only for upgrading or same selling price)
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Covers transfer of rights and change of unit or financing scheme
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Original Schedule of Payment will be followed
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Account is current and updated (no transfer on delinquent accounts)
Occupancy and Possession
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Pro-Friends will issue a Notice of Completion to the buyer stating the date the unit shall be ready for occupancy
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The buyer is given 60 days to inspect the unit before acceptance.
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If the buyer fails to inspect the unit within this period, it shall be deemed accepted in good condition.
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Any loss or damage to the unit after it is deemed accepted or after Pro-friends issues an Authority to Move In shall no longer be the responsibility of the company.
Improvements and Alteration
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The buyer shall be allowed to make any alteration or additional construction to the unit after house acceptance.
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The buyer shall be required to submit the proposed building plans for any improvement and alteration, and pay a deposit fee which will serve as a construction bond, to be refunded after modification is complete and all deductions for damages (if any) have been made.
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Pro-Friends reserve the right to make modifications on the plans and specifications during the course of construction.
Membership on the Home Owners Association
Upon acceptance of the unit or once the buyer has taken possession of the unit, the buyer automatically becomes a member of the Home Owners Association (HOA) and is required to pay the monthly dues. Possession may mean the following:
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Unit is deemed accepted
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Key was already turned over to the buyer
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Actual move in has taken place
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Alterations or improvements on the unit have been implemented
