Ensuring that a real estate company or developer is licensed correctly is a crucial step for buyers before engaging in any property transaction in the Philippines. The Housing and Land Use Regulatory Board (HLURB), now called the Department of Human Settlements and Urban Development (DHSUD), is the government agency responsible for regulating the real estate industry. They ensure that developers and their projects comply with legal requirements, protecting buyers’ interests. If you are considering purchasing property, here’s how to check License to Sell in HLURB (DHSUD).
Step 1: Gather information about the developer or company
Before you can check a company’s License to Sell in HLURB (DHSUD), you need specific details about the developer or real estate company. This includes the full legal name of the company, the project name, and ideally, the project’s location. Having precise information will help streamline your search process.
Step 2: Visit the DHSUD (formerly HLURB) website
The DHSUD (Department of Human Settlements and Urban Development) maintains an official website where you can find information on licensed real estate developers and their projects. The website often features a search tool or a database that the public can access to verify the legal standing of real estate entities.
Step 3: Use the online verification tool (if available)
If available for your area, use the online verification tool on the DHSUD website. Enter the developer’s name or project name into the search bar. The tool should return information on the developer, including their License to Sell numbers for their projects, the status of their license, and other relevant details.
Step 4: Check the list of licensed projects
DHSUD periodically publishes a list of projects that have been issued a License to Sell in HLURB. This list can be found on their website and is a good resource for potential buyers to verify if a project is officially recognized and approved by the government.
Step 5: Contact DHSUD directly
If you cannot find the information you need online or have specific questions, contacting DHSUD directly is a reliable way to verify a developer’s credentials. You can contact them via their official contact numbers or email addresses on their website. DHSUD offices are also in various regions nationwide, allowing in-person inquiries.
Step 6: Request for a Certificate of Registration and License to Sell
You can request an official copy of the developer’s Certificate of Registration and License to Sell from DHSUD for further assurance. This document provides concrete proof that the developer is authorized to sell properties and that their project complies with government regulations.
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Frequently Asked Questions (FAQs)
How do you check if the developer is legit in the Philippines?
To check if a developer is legit in the Philippines, visit the Department of Human Settlements and Urban Development (DHSUD) website. Use the online verification tool to search for the developer or project name. You can also check the list of licensed projects published by DHSUD or contact them directly for specific inquiries about a developer’s credentials.
Do you need a license to sell property in the Philippines?
Yes, you need a license to sell property in the Philippines if you are acting as a real estate agent, broker, or developer. Agents and brokers must pass the Real Estate Licensure Exam and register with the Professional Regulation Commission (PRC). At the same time, developers must obtain a License to Sell from DHSUD for each of their projects.
Where do I file a complaint against a developer in the Philippines?
To file a complaint against a developer in the Philippines, submit your complaint to the Department of Human Settlements and Urban Development (DHSUD). You can file your complaint at the nearest DHSUD regional office or through their official website, providing all necessary documentation for your case.
How do I file a complaint against a real estate agent in the Philippines?
To file a complaint against a real estate agent in the Philippines, you should submit your complaint to the Professional Regulation Commission (PRC) or the Department of Human Settlements and Urban Development (DHSUD), depending on the nature of the complaint. Provide detailed information and any relevant documents to support your claim.
What is a License to Sell in the Philippines?
A License to Sell in the Philippines is a legal document issued by the Department of Human Settlements and Urban Development (DHSUD) that authorizes developers to sell units in a real estate project. It ensures the project complies with legal and safety standards, protecting buyers’ investments.