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Affidavit Undertaking CCT Condominium

This affidavit outlines the developer's undertaking to submit condominium certificate of titles (CCTs) for a property located at [ADDRESS]. It acknowledges the developer's legal obligation to deliver CCTs to unit buyers and agrees to submit proof of filing the proper application for CCT issuance within 15 days of receiving a license to sell. Failure to comply may result in license suspension or revocation. The affiant binds themselves and their company to ensuring compliance with the undertaking.

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Ranie Delavente
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194 views1 page

Affidavit Undertaking CCT Condominium

This affidavit outlines the developer's undertaking to submit condominium certificate of titles (CCTs) for a property located at [ADDRESS]. It acknowledges the developer's legal obligation to deliver CCTs to unit buyers and agrees to submit proof of filing the proper application for CCT issuance within 15 days of receiving a license to sell. Failure to comply may result in license suspension or revocation. The affiant binds themselves and their company to ensuring compliance with the undertaking.

Uploaded by

Ranie Delavente
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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HLURB MC No.

Series of 200___
Annex ____

Republic of the Philippines )


______________________ ) S.S.

AFFIDAVIT OF UNDERTAKING TO SUBMIT CONDOMINIUM CERTIFICATE OF TITLE (CCT)


(For Condominium Projects)

I, __________________________ of legal age, with postal address at


____________________________________________________ after being sworn to in accordance with the law
do hereby depose and the following:

1) That I am the ___________________________, of _____________________________________________


(Position) (Name of Firm)
duly authorized for the purpose of this undertaking;

2) That the said Firm is the owner/developer of __________________________________ located at


__________________________________________________ which is the subject of an application for
License to Sell before the Housing and Land Use Regulatory board (HLURB);

3) That, I fully understand the legal obligation of my company to guarantee and ensure the delivery of
individual Condominium Certificate of Titles (CCTs) to the units purchased by our buyers.

4) That for the reason not attributable to our negligence of intentional malfeasance and which are beyond our
control, the issuance of such separate titles and inscription of the required annotation will take time;

5) That I hereby warrant that there in no legal reason or justifiable cause why said titles could not be issued in
the normal course of business;

6) That I understand to submit to this Office within fifteen (15) calendar days from release of License to Sell
for the project proof of filing of proper and complete request of or application with the concerned Register
of Deeds for the issuance of individual CCTs for all saleable units and that if deemed necessary and upon
demand by HLURB copies of said titles shall be submitted;

7) That in the case of non-compliance herewith, HLURB may suspend our license or consider the same
revoked.

8) That I bind myself jointly and several with the company in ensuring compliance with the foregoing.

AFFIANT FURTHER SAYS NOTHING.

_______________________________
Affiant

SUBSCRIBED AND SWORN to before me this _____ day of _______________ 200___, affiant
exhibiting before me his/her Residence Certificate No. ___________________________ issued at
______________________ on ___________________________.

Doc No.
Page No.
Book No. NOTARY PUBLIC
Series of 200___

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