Yes, the DLD is responsible for maintaining an accurate and up-to-date Real Property Register. The department must remove an entry related to a development project once the project is completed and all units have been registered in the names of thei…
Yes, the DLD is responsible for maintaining an accurate and up-to-date Real Property Register. The department must remove an entry related to a development project once the project is completed and all units have been registered in the names of their respective purchasers. An entry can also be removed if a project is cancelled by RERA for reasons such as developer bankruptcy or gross negligence. This ensures that the registry folio for the land accurately reflects its current status and legal standing.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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