PGMA signs rent control law – Philippines
President Gloria Macapagal-Arroyo on Tuesday signed into law Republic Act No. 9653, otherwise known as the Rent Control Act of 2009, which imposes a one-year moratorium on rent increases for covered residential units in Metro Manila and other highly urbanized cities, and caps subsequent annual hikes at a maximum of 7% cap until December 31, 2013.
It covers all residential units where monthly rents do not exceed P10,000. The cut-off is P5,000 for residential units in other areas. The new law also prohibits lessors, or owners of residential units, to impose not more than one month advance rent and not more than two months deposit. Violators will face stiffer fines ranging from 25,000 to 50,000 pesos.
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July 14th, 2009 at 4:05 pm
many of the residential units i have gotten the chance to stay into when i was in college would rather be adamant in the payment of rent but not in the payment of taxes due … how can the government get additional revenue on this one when almost all of the owners of the rented residential units would forge their true rates to pay lesser taxes but still charge higher than the allotted ceiling … that’s why we can’t prosper … in tagalog , “Gulangan” all the way ….
July 14th, 2009 at 4:26 pm
nosebleed! :DD
July 14th, 2009 at 7:55 pm
nosebleed nga! lol… mukhang natuto kay inday.
July 14th, 2009 at 9:48 pm
nosblid>>??
hahaha.buti po na sign
na nga ean.
it will help a lot especially those poor filipino families.
July 16th, 2009 at 8:07 pm
paano naman po yung mga nangungupahan nang morethan 18 years???
tapos pinapaalis na sa inuupahan nila kahit na nag babayad naman on time tska maayos naman yung pakikitungo sa mga kapitbahay at sa may ari ng bahay???
ang problema.,gusto nang hatiin yung lupa…tapos ang gusto pa mag bayad kami… and two months lang din yung binibigay na palugit sa’min…
July 21st, 2009 at 4:32 pm
from what article or news did you get this from? What are your sources?
September 19th, 2009 at 7:50 am
Gud a.m almost 9yr n ako rent d2 sto.nino pque.city now ung anak na namahala s pagkolekta ng mga renta. At may mga sulat na gnawa s mga rentee. Kapag na delay ang payment may fine na P50. Pesos /day. Tama po b ang ginagawa nla?
September 23rd, 2009 at 3:14 pm
did somebody answered you sa question mo?kasi kami din more than 18 yrs na nagungupahan eh.ngayon klangan na daw nila ang bahay pero kahit klan d nmn kami nagpalya ng bayad at maganda ang samahan nmin ng mga kapitbahay…kaso ang tunay na may ari eh matanda na at ulyanin kaya ang namamahala mga pamangkin nya.sabi nila umalis na daw kami kasi ang matanda na may ari don na nila ikukulong s abahay namin dahil laging nawawala.ok lang na lumipat kami pero maghntay sila makakita kami ng maayos na malipatan at sympre ang kakayanin lng namin.
October 9th, 2009 at 10:05 am
how about those renting more than 10;000 a month rent? what is the increase per year ? are they exemted also
November 2nd, 2009 at 9:32 pm
kailan po b official n magtataas ng 7%? kc po next year n po kmi tintaasan start january ng 7%.
November 16th, 2009 at 1:45 pm
Kelangan sana ma publish or masama sa TV news kc next year expired na contract namin at ung owner nagppaincrease ng 500.00 sa monthly rental form P6000 to P6500.00. Kttapos lng ng bagyo sa atin sana man lng they consider the fact na nghhirap pa tayu.We dont have choice we need the unit.I hope published ito sa News emphasized the PENALTY to this OWNER.
thanks