Friday, April 10, 2026

Follow up on printing of new forms: PPA, CO DOS

Memorandum:

To:    All Sbus

Thru:   Ms Tina  please make sure that people staff at sbus understand.   Increase
            the power of communication.   Please copy All if memos are just addressed
            to your sbus, esp Mam Armi

cc:     Madel

Date: April 10, 2026

SUBJECT   FOLLOW UP SOLUTION TO DELAYED ISSUANCE OF CO DOS TO CUSTOMERS


Objectives:

1.   To recover our connection and trust of customers;
2.   To help rebuild sales
3.    To conform with the law as PD 957 and EO 648 order that titles (CO DOS)

    1.   shall be issued immediately for spot cash payments
    2.   and not later than 6 mos after full payment of installment sales

    Penalty are:  
    1.  Fines of P20,000;
    2.  Imprisonment of at least 6 mos
    3.  Other sanctions that may apply to future projects (blacklisting etc)


      from 

SEC. 25. Issuance of Title. – The owner or developer shall deliver the title of the lot or unit to the buyer upon full payment of the lot or unit. No fees, except those required for the registration of the deed of sale in the Registry of Deeds, shall be collected for the issuance of such title. In the event a mortgage over the lot or unit is outstanding at the time of the issuance of the title to the buyer, the owner or developer shall redeem the mortgage or the corresponding portion thereof within six months from such issuance in order that the title over any fully paid lot or unit may be secured and delivered to the buyer in accordance herewith.


SEC. 39. Penalties. – Any person who shall violate any of the provisions of this Decree and/or any rule or regulation that may be issued pursuant to this Decree shall, upon conviction, be punished by a fine of nor more than twenty thousand (P20,000.00) pesos and/or imprisonment of not more than ten (10) years. Provided, that in the case of corporations, partnerships, cooperatives, or associations, the President, Manager or Administrator or the person who has charge of the administration of the business shall be criminally responsible for any violation of this Decree and/or the rules and regulations promulgated pursuant thereto.
       

    THESE ARE SERIOUS PENALTIES for lack of promptness in our action -  fines and imprisonment   MATAKOT TAYO.   

Reality:    (Background)

1.   We have backlogs reaching back 5 years or more;   we have faced challenges with
       irate buyers

2.  We planned  that in 2026 beginning January we will address this challenge thus we
     revised the forms and engaged printer to redesign the forms which now has
     security features in view of the  reported sbu printing illegally the forms for sale
     that did not accrue to the sbu  WE ALSO EDITED AND UPDATED THE FORMS TO
     INCLUDE LATEST CONCERN THAT CONCERNS PLOT MAINTENANCE AND 
     CONSTRUCTION 0 INTEREST PROMOS

     It is now April (4 months hence) and we are still following up.

3.   I talked to Mam Elvie and  she said the reason for lack of action on the PO and DP
      is the presencee of large number of forms at Songcuan but no one is looking for
      the forms

4.   The printer indicated that there will be price increses in view of the current price increases due to war in Iran

5.   We wonder if the instruction to LIST DOWN THE PROBLEMS IN CO DOS HAS BEEN DONE.  ???


What to do next:?  ACTION

1.   Follow up po and dp -  SOON PO SANA

2.  Isubmit copy this office THE LIST OF COMPLAINING CUSTOMERS AND OR
     OR CUSTOMERS WHO HAVE PAID AND STILL DO NOT HAVE CO DOS

3.  In the meantime let us issue CERTIFICATE OF FULL PAYMENT 
     TO THOSE WHO HAVE PAID IN FULL IN CASH OR IN INSTALLMENT


     using this format

     PRE NUMBERED AND WITH REGISTRY:

                             Sbu name and Logo                              No.


                           CERTIFICATE OF FULL PAYMENT

         This hereby certifies that

      __________________________________________________

    has paid in full (spot cash/) amortization on _______________________
    and such shall  be issued corresponding CO DOS upon receipt of forms
    from printer, and entitled to privileges of interment that pertains to lot ____
    ___________________


   __________________________                    _________________________
     AUTHORIZED SIGNATORY                                DATE

    Note:    THIS CERTIFICATION SHALL BE SURRENDERED UPON ISSUANCE OF
                 CO DOS.   

-X-X-X-X-X-X-X

May be signed by any or all authorized signatories; two signatures are required for GE upon presentation of proof of full payment (ledgers) and certifiedd initialled by CMO and SFC to done asap .

FOR COMPLIANCE AND WORKSHOP FOR UNDERSTANDING



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