"These obligations are the result of its unscrupulous housing practices, including undue delay in the turnover of housing units to buyers, absence of a license to sell or certificate of registration at the time of unit sales; false and misleading advertising; misrepresentation and misinformation in dealings with homebuyers and homeowners; use of substandard and defective construction materials and hazardous sites prone to earthquakes, floods and liquefaction; lot alterations; cancellation of unit reservations and sales without due notice; forcible in-house financing for buyers; substandard subdivision facilities and amenities; and no-inspection and no-refund policies."
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Published by PDI (Inquirer) on 11 January 2016 |
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