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SEC starts to regulate sale of condotels, rental pool assets

By Inquirer - 4 months ago
The Securities and Exchange Commission (SEC) has introduced regulations on the sale of condominium, hotel, resort, dormitory and other real estate assets with rental pool arrangements, citing the need to protect investors’ interest amid the rising trend of property developers pitching investment returns. This month, the corporate watchdog released Memorandum Circular 12 series of 2024

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