Any couples wanting to have their own house and lot? We’d like to share with you how making decisions while you’re extremely excited and happy can lead you to regret it. Last February, we paid a reservation fee of Php 30,000.00 for a unit at Montville Place Taytay and started paying our monthly amortization of Php 25, 043. 34 for the down payment/equity. We are on our 6th month of paying and are excited to move in to our very own home in 12 months. When we visited Montville Place last month and saw that there were only few improvements after six months but we chose to be positive and shrugged it off. Thanks to a friend who asked us if Montville was able to present to us a Certificate of Registration and License to Sell. Of course, we got curious and immediately “googled” the answers. When we checked out the Housing and Land Use Regulatory Board’s website we weren’t able to find Montville Place Taytay in their updated list. Because we wanted to make sure that we have a proof to present to their office, we secured a Certificate from the HLURB office which they were able to produce along with an official receipt last September 16, 2015.
According to Presidential Decree No. 957 Section 5, License to sell. – Such owner or dealer to whom has been issued a registration certificate shall not, however, be authorized to sell any subdivision lot or condominium unit in the registered project unless he shall have first obtained a license to sell the project within two weeks from the registration of such project. The Authority, upon proper application therefore, shall issue to such owner or dealer of a registered project a license to sell the project if, after an examination of the registration statement filed by said owner or dealer and all the pertinent documents attached thereto, he is convinced that the owner or dealer is of good repute, that his business is financially stable, and that the proposed sale of the subdivision lots or condominium units to the public would not be fraudulent.
We went to Montville Place’s main office in Quezon City and presented our Certificate from HLURB. We told their Marketing Manager, Rey Torrecampo and one of their accounting staff, Sanley Odiver that we would like to discontinue our transaction with them and demanded a full refund which is due to us since their activity is fraudulent. We were asked to submit a Demand letter to their management for “approval”. Ms. Odiver promised to provide a feedback within the week. To our dismay, she did not even move a finger after we left. We went back last Monday, September 28, 2015 and demanded for an answer. She was insisting that our contract which by the way is already considered void and not even notarized says that we are not entitled for a refund should we decide to discontinue our transaction. We asked her if she understands where we are coming from and if she knows what HLURB is. We even asked her if she is aware that Montville Place are subject to paying penalties should we decide to raise this to HLURB. She said that she is fully aware of this and that they are already in the “process” of securing a license to sell. Yes, after more than a year of selling units!
We recorded our conversation and asked for a specific date and time on when they could provide us a feedback. She told us that she will be contacting us today, September 30, 2015 after lunch. We received an SMS from her (11:38am) that she has yet to receive a feedback from the “management”. I would guess that this cycle of “I’ll give you a feedback” thing will just go on and on til we get tired of doing follow-ups.
To the young couples out there or those who would like to invest in real estate properties, stay away from Montville Place (Harvard Multiland Realty Corporation). Don’t waste your hard earned money and learn from our experience.
To Montville Place Developer (Harvard Multiland Realty Corporation) owned by Richard and Carol Chuateco, we urge you to stop your fraudulent activities. Stop taking advantage of other people’s hard earned money.
Migs and Alaine