faqphase3

Frequently Asked Questions

Contact Nos.: +63917-8477492 / (632) 9356573

Condominiums

Inquiries

FAQ

PHASE 3: Turn-over, Acceptance, & Move-in

REQUIREMENTS FOR UNIT TURNOVER

What is the required downpayment to process the turn-over and acceptance of my unit?

DMCI Homes require a very minimal amount equivalent to ten percent (10%) of the Total Contract Price to commence the finishing works on your unit before it will be turned over to you. We also require the following documents within thirty (30) days:

        1. Post-dated checks for the first 60 months of payment term
        2. Contract to Sell
        3. Letter of Guarantee (LOG) issued by the Bank or Financial Institution (for External Financing only)
        4. Drawdown/Loan Take-out (for External Financing only)

After these documents have been submitted within the period stated, processing your turnover may commence. Please note that we cannot process the turnover of your unit until we have all of these documents.

HOW TO OBTAIN ELECTRICTY, WATER, AND OTHER UTILITY SERVICES

How do I get electricity? Does my unit/house have an individual electric meter?

Yes. Homeowners have to apply for their own connections to Meralco, as well as Cable TV providers, telephone lines, the internet and water supplies. The Property Management Office will provide the homeowners with assistance in obtaining their power connections upon the submission of the following documents from the homeowner:

         1. Certificate of Proof of ownership from DMCI Homes (either the Condominium Certificate of Title or the                    Contract to Sell)
         2. Duly completed application form
         3. 2 valid forms of Identification (IDs) and pictures, if required
         4. Meralco Waiver
         5. Authorization letter (if accomplished through representative)

It is advised that the homeowner should immediately apply to Meralco and other service providers two weeks prior to move-in, or as the unit undergoes finishing so that the power is immediately available once the unit is occupied.

Also note that for the Rent-to-Own Scheme, the developer is responsible for the application for the Meralco connection. Should the buyer opt to purchase the unit, then the buyer shall pay the amount incurred during the application.

Does my unit/house have individual water meter?

Yes, every DMCI Homes unit has an individual water meter. The Property Management Office manages the water system and does individual billing for each unit's water consumption.

Confident of the quality of DMCI construction, all DMCI Homes developments come with a warranty against construction defects and workmanship within one year from the date of acceptance/turnover by the homeowner. Concerns on the matter should be addressed to the Property Management Office. However, please note that normal wear and tear or misuse by homeowners or tenants is not covered by this warranty.

DEFECTS

Reservation and Documentary Requirements, Payments, Turnover, Acceptance and Move-In, Transfer of Ownership