This article is a practical guide for Philippine RESPs to use AI responsibly while preserving human judgment, trust, and integrity. The article includes National Privacy Commission compliance guidelines and local case examples.
Tag Archives: real estate service practitioners
Innovative Solutions for Affordable Housing in the Philippines
The National Housing Authority Act aims to address housing shortages in the Philippines, particularly for the underprivileged. However, it overlooks the “missing middle” income segment and lacks incentives for private developers. Proposed solutions include expanding financing options and enhancing rental market regulations to ensure equitable housing access for all citizens.
Rep. Act No. 12216: Game Changer for Socialized and Low-cost Housing?
The passage of the National Housing Authority Act (Rep. Act No. 12216) aims to enhance the NHA’s role in addressing the housing backlog in the Philippines, particularly for underprivileged communities. Key provisions include a 50-year corporate term extension, tax incentives, streamlined land management, and improved governance, promising significant impacts on socialized and low-cost housing.
How the Ease of Paying Taxes Act Will Revolutionize Real Estate in the Philippines
The “Ease of Paying Taxes Act” (Rep. Act No. 11956), signed by Pres. Marcos, Jr. in January 2024, streamlines tax administration in the Philippines, particularly for real estate transactions. It categorizes taxpayers, simplifies filing, and promotes online compliance, aiming to reduce confusion, encourage tax compliance, and facilitate property transactions.
Legal Insights on Real Estate in Corporate Liquidation
The article discusses significant Supreme Court rulings regarding the legal authority and actions of dissolved corporations, particularly in real estate transactions. It emphasizes that dissolved entities retain limited juridical personality only for liquidation procedures. Real estate professionals must ensure legal compliance and authenticity when handling transactions involving such corporations, seeking legal counsel as needed.
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