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Checklist of Requirements for Lot Substitution

SHFC checklist for lot substitution requirements

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: SOCIAL HOUSING FINANCE CORPORATION

a subsidiary of National Home Mortgage Finance Corporation
COMMUNITY MORTGAGE PROGRAM OPERATIONS GROUP
PROJECT INDIVIDUALIZATION DEPARTMENT

CHECKLIST OF DOCUMENTARY REQUIREMENTS FOR

SUBSTITUTION OF LOTS
COMMUNITY ASSOCIATION
ORIGINATOR
LOCATION OF PROPERTY
TAKE-OUT DATE
NAME OF ORIG. MEMBERBENEFICIARY
NAME OF SUBSTITUTE-BENEFICIARY
CONTACT PERSON

TOTAL MB

LOT AREA
BLK/LOT NO.
BIRTHDATE
TEL. NO.

1. Notarized original copy of board resolution of the Community Association (CA) attesting to
its approval of the lot substitution. The previous and new lot and block assignments of the
parties involved should be indicated

2. Notarized Amendment to the Masterlist of Member-Beneficiaries by the CA
3. Lease Purchase Agreement (LPA) of the substitute:
3.1 If married, with marital consent
3.2 If separated, submit Affidavit of Separation
4. Notarized Agreement of parties involved in the lot substitution
5. Full payment of arrears/updated account:
5.1 Notarized certification from CA president/authorized representative stating that
the accounts are updated

5.2 Photocopies of Abstract/s of Collection and Remittance Report/s with Community
Mortgage Receipt/s (CMRs) as proofs that the accounts are updated

6. Proof of payment of processing fee of P500.00/account
6.1 Official Receipt (for regional accounts, authenticated by
SHFC Head/Regional/Satellite Office); or

6.2 Money Order payable to SHFC
7. Submission of Housing and Land Use Regulatory Board (HLURB) Certification
on the present set of CA officers/trustees
For inquiries on member-beneficiary substitution, please contact Misses Sylvia N. Mendoza, Charina Y. Benitez, Julia C. Frades or
Mr. Gerald R. Arawag at telephone nos. 750-6338 to 50 local 542
MEZZANINE FLOOR BANCO DE ORO PLAZA 8737 PASEO DE ROXAS, SALCEDO VILLAGE, MAKATI CITY
 
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