What is the name of the Subdivision and Condominium Buyer's Protective Decree?

The Subdivision and Condominium Buyer's Protective Decree is officially known as PD 957. This law was enacted in 1976 to establish protections for buyers of subdivision lots and condominium units, ensuring that developers adhere to certain standards and obligations regarding the sale and development of properties. It sets forth guidelines on the proper marketing and sale of these properties, including provisions for the registration of the developer, requirements for contracts, and the obligations of developers to disclose important information to buyers. This decree is crucial in safeguarding consumer rights in real estate transactions involving subdivisions and condominiums.

Other options refer to distinct laws that address different aspects of real estate and property management, but they do not share the same specific focus on the protection of buyers in subdivision and condominium transactions as PD 957 does.