Philippine Supreme Court: Sales Agent's Promise Is Not an 'Advertisement,' But Developer Must Refund Buyer's Payments
August 19, 2026
August 19, 2026
MANILA, Philippines, Aug. 19 -- The Supreme Court of the Philippines issued the following news release:
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SC: Sales Agent's Promise Is Not an 'Advertisement,' but Developer Must Refund Buyer's Payments
The Supreme Court (SC) has ruled that a sales agent's promise to issue a Contract to Sell after a buyer pays a reservation fee is not an "advertisement" under Presidential Decree No. (PD) 957, or the Subdivision and Con . . .
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SC: Sales Agent's Promise Is Not an 'Advertisement,' but Developer Must Refund Buyer's Payments
The Supreme Court (SC) has ruled that a sales agent's promise to issue a Contract to Sell after a buyer pays a reservation fee is not an "advertisement" under Presidential Decree No. (PD) 957, or the Subdivision and Con . . .