Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Tuesday, December 31, 2013

Symposium needed on contract law: Or, surprise your condo may suck!

Symposium needed on contract law:  Or, surprise your condo may suck!


These two sections and in particular the first read in a previous post need a proper forum to discuss how such language developed.  Experts in contract law in the Philippines along with lawyers from the US and Spain due to historical links as well as historians for pre-colonial times are needed to get a grasp on the legal practice as it developed and is expressed below.

Please read each very carefully gaining full impact before finally connecting for the sentence and paragraph as written.

Section 1 (d) has two emphatic statements as I read:

First, "The Unit herein purchased shall be delivered to the BUYER furnished strictly and expressly in accordance with the specifications indicated in the attached Annex “A” which shall be made an integral part hereof...";

and Second, "without prejudice to the right of the DEVELOPER/SELLER to alter, modify, revise or amend the specifications of the Unit and furnishings prior to the final delivery thereof a provided under Section 1(g) below."

So there seems be a some sort of logical rationale that I am missing.  Why have the first part of the sentence given the second?  I can only think given reason and sense that it is meant to create an initial impression upon the subconscious thereby causing cognitive dissonance.  This dissonance must then be made rational to alleviate confusion.  The second part of the sentence would then be interpreted as something unusual or rare not possessing a need to be concerned or to question or even cancel any purchase.

The Third sentence may and perhaps would have problems with the advertising laws.  Please see this past post for rules governing advertisement:  http://sohocentralcondominium.blogspot.com/2013/03/advertisements-did-you-save-any.html

Section 1 (d) – The Unit herein purchased shall be delivered to the BUYER furnished strictly and expressly in accordance with the specifications indicated in the attached Annex “A” which shall be made an integral part hereof, without prejudice to the right of the DEVELOPER/SELLER to alter, modify, revise or amend the specifications of the Unit and furnishings prior to the final delivery thereof a provided under Section 1(g) below.  The model unit as may be shown to the buyer does not represent the actual unit to be delivered to him, notwithstanding any representation on the contrary made by the sales agents.
 
Section 1 (f) - The DEVELOPER/SELLER reserves the right to alter, modify, revise, or amend the plans of the Project or the Unit, its fittings, furnishings or any part thereof, without the need of prior notice to the BUYER. This DEVELOPER/SELLER’s rights to alter, modify, or change the plans and use of the Project shall include decreases and/or increases in the number of floors or saleable units in the Project. It is also agreed that the architectural and floor plans of the Unit may be altered, modified, or revised by the DEVELOPER/SELLER without the BUYER’s written consent.

Essentially what is being sold or has the potential of being delivered after a signature to a contract is made by the buyer is a surprise package.  How many of you want to be surprised after spending several million pesos?  Does it make anyone feel excited to be surprised with the anticipation of being or getting properly and thoroughly done by the unknown and in a manner one may not be accustomed?

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