We buy houses ppl?
How do they pay for adjectives these houses with change even if it is at a discount?Answers: They're investors with dosh, and buy properties at a heavily discounted rate. They can afford to hold them for a bit, possibly do some upgrades, and then put them support on the market for resale for a profit.
Private Investors.
Wat type of documents v shud ask to seller when v r going to purchse a flat?
Answers: Seller should show you proof of ownership.
You must find out whether the original documents of the flat
is with the seller.
You must check whether there in any lien on the property
either with any bank or with any private party
Get an encumbrance certificate from the registrar's office.
Where in the philippine civil code can i find the laws regarding apartment rentals?
Answers: Not exactly sure but you can start here:
http://www.globalpropertyguide.com/Asia/...
The act is entitled: "Rental Reform Act of 2002."
To download it, click this link: http://www.gov.ph/laws/ra9161.doc.