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Housing and Urban Development Coordinating Council
HOUSING AND LAND USE REGULATORY BOARD
HLURB MEMORANDUM CIRCULAR NO. _\%
Series of 2019 Date: 19 November 2019
TO ALL CONCERNED
FROM Officer-in-Charge and
Commissioner
SUBJECT ADDITIONAL CONDITION TO THE ISSUANCE OF
LICENSE TO SELL FOR SUBDIVISION AND
CONDOMINIUM PROJECTS
In order for the buyers not to be denied options on which financial institutions they would
like to take-out their housing loans, you are directed to include as one of the list of
conditions set in the License to Sell for Subdivision and Condominium, among others, the
hereunder statement:
“The buyers of house and lot or lot only or condominium units shall be given
the option to avail of a home financing scheme of his/her choice’
For your strict compliance.
we don
HLURB Bldg, Kalayaan Avenue corner Mayaman Street, Diliman, Quezon City
www.hlurb.gov.ph