On foreigners investing in condo units here in the Philippines... What protection do we have against delayed turnover say bec of earthquake and the real estate company going bankrupt? What if I have already paid up 50% and the construction of the building is halted and won't be continued anymore? What right do I have over the property? Will the real estate developer return my money? Thanks!
1 Answer from Attorneys
This is confusing: Is this a condo in Illinois, or in the Philipines. Please clarify.