Real Estate. Insurance. Mutual Funds.

The Grove by Rockwell

2012-03-17T08:09:00.001-07:00

Good Day! Thank you for your interest in Rockwell Land and our projects. We received your inquiry about The Grove. As promised, attached are sample computations and layouts of a 32sqm Studio and a One bedroom flat available. We have units for turnover Dec 2012, Dec 2014, and Dec 2015. So let me know Ma'am your preferred date of turnover so I can limit the choices.

The Grove is Rockwell Land Corporation’s first residential development beyond Rockwell Center in Makati. It is a 5.4 hectare prime property conveniently located along C-5 Road, just minutes away from Ortigas Center, the Rockwell Business Center, Medical City, and shopping areas Tiendesitas, Shangri-la mall, The Podium and Galleria. This exclusive residential property is designed to have a 75-25 ratio of landscape to building space, meticulously master-planned to include a retail cluster, jogging and biking trails, wellness center, and an immense amenities enclave within its gates.

Just like the Rockwell Makati, The Grove is designed to be your very own exclusive, resort-like community. True to its promise of being an “oasis within the city”, the project will have 75% landscaped environment with 6 residential towers with units made up of a mix of garden units, flats, lofts and Z-lofts.

A retail cluster and a community center offers residents convenience and another venue to mingle, as well as hold parties and events.

Amenities such as game rooms, dance studios, a day care, a fully-equipped fitness center, a soccer lawn, multi-purpose courts for basketball, tennis or volleyball, and lap pools allow for a fun and fit lifestyle. Come home and enjoy weekend picnics and barbecue roasts among secluded pocket gardens and gazebos. Take a nice, relaxing dip amidst abundant water features or jog around a trail-path that makes you feel you’ve just broken away from the city!

The Grove by Rockwell is a sprawling development, highlighting the majesty of greenery in the middle of the metropolis. It brings nature into the lives of its residents by making gardens natural extensions of every home, and allowing the development to embrace nature, without sacrificing the comforts of a modern, urban life.

The Grove TOWER A and B (turnover in June 2012) in the following sizes:

Studio Units – 32 and 34 sqm

One Bedroom Flats – 54, 56, 59 sqm

Two Bedroom Flats – 83, 87

The Grove TOWER C and D (turnover in December 2014) in the following sizes:

Studio Units – 32 and 34 sqm

One Bedroom Flats – 43, 55, 56, 63, and 68 sqm

Two Bedroom Flats – 74 and 97 sqm

Three Bedroom Flats – 111,116,123,131 and 151 sqm

The Grove TOWER E and F (turnover in December 2015) in the following sizes:

Studio Units – 21 and 23 sqm

One Bedroom Flats – 41, 44 and 46 sqm

Two Bedroom Flats – 60, 61 and 62 sqm

Three Bedroom Flats – 78, 88 and 90 sqm

As Rockwell continues to be the leader of unparalleled luxury and innovation, we are excited to work hand in hand with you in providing quality living at the most attractive and flexible amortization terms.

Kindly click on the link to watch the Grove AVP so you can have a clearer picture of what The Grove promises to be.

See the full gallery on Posterous

BUILD ON THE ROCKWELL STORY TODAY! :)

2012-03-14T20:34:00.001-07:00

NOTHING BEATS investing in THE GROVE BY ROCKWELL

with the PRIVILEGE of embarking on your next VACATION DESTINATION.

The Grove Promo || February Unit Proposals for Towers C and D

2012-01-31T01:56:00.001-08:00

GROVE UPDATES for FEBRUARY!

Please be advised of the following promos for Towers C and D:

· From regular term to 5-25-70 or 5-15-80 (depending on the unit)

· Extended number of months to pay from 32 months amortized to 44 months amortized – all at 0% interest

· Additional 2.5% special discount for 1BR, 2BR, 3BR units with regular term.

Attached are sample layouts of units for Towers C and D. Towers C and D are ready for turnover by December 2014.

Please contact this Real Estate Broker, Ronnie Reyes, at 0917-796-2530 or email at reyes.ronnie@gmail.com, if you wish to receive sample computation price sheet of different unit types. Thank you.

Sincerely,

Vee Gatapia

Sales Supervisor

ROCKWELL LAND CORPORATION

Phone: +(632) 571-8151

Mobile: +63917.887.0752

Email: veeg@Rockwell.com.ph

Studio Unit (32 sqm)

One Bedroom Unit (63 sqm)

Two Bedroom Unit (74 sqm)

Two Bedroom Unit (97 sqm)

Three Bedroom Unit (111 sqm)

Three Bedroom Unit (131 sqm)

The Grove Promo || February Unit Proposals for Towers E and F

2012-01-31T01:51:00.001-08:00

GROVE UPDATES for FEBRUARY!

Please be advised of the following promos for Towers E and F:

·         From regular term to 5-25-70

Towers E and F are ready for turnover by December 2015.

Attached are sample layouts of different unit types.

Please contact this Real Estate Broker, Ronnie Reyes, at 0917-796-2530 or email at reyes.ronnie@gmail.com, if you wish to receive a sample of the special terms for this month of February 2012. Thank you.



Studio Unit (21 sqm) – non vat

One Bedroom Flat Unit (41 sqm) – corner unit

Two Bedroom Flat Unit (60 sqm)

Three Bedroom Flat Unit (78sqm)

Three Bedroom Flat Unit (90sqm)

PAMI Fact Sheets (Time to Invest)

2012-01-19T20:59:00.001-08:00

Valued Clients,

Kung Hei Fat Choi.

I am pleased to inform you that our fund managers believe that this year, 2012, is the best time to invest in the equity market.

I have attached herewith the most recent fact sheets to share with you the current portfolio allocation and underlying securities of the PAMI-managed funds. I would like to magnify the 8% increase in equity allocation of Philam Strategic Growth Fund from January 4, 2012 to January 13, 2012 as proof of their optimism.

- VERSUS -

Time To Invest.

http://www.PHILAMLIFE.com" target="_blank">PHILAMFUNDS.COM.PH

1-13-12_PSGF.pdf Download this file

1-13-12 _PDBF.pdf Download this file

1-13-12_GMFI.pdf Download this file

01-13-12_NCM.pdf Download this file

01-13-12_PBF.pdf Download this file

01-13-12_PFI.pdf Download this file

01-13-12_PMIF.pdf Download this file

ATLAS!

2011-11-30T21:11:00.001-08:00

See the full gallery on Posterous

List of Properties for Sale/Rent (Pre-Owned) as of 08 November 2011

2011-11-07T19:26:00.001-08:00

PROPERTIES FOR SALE AS OF 08 NOV 2011.doc Download this file

Please check with this Broker status of the property from time to time if it's still available.

Ronnie Reyes is also accredited with Rockwell Land (The Grove), Ortigas & Co. (The Viridian), and SMDC (Light Residences).

For more details of the property listed here or if you need more info on the project listed above, you may contact Ronnie Reyes at 0917-796-2530, (02) 984-8376 or email him at reyes.ronnie@gmail.com. Thank you.

NON-EXCLUSIVE AUTHORITY TO SELL issued to Real Estate Brokers (Sample Copy only)

2011-11-06T01:42:00.001-07:00

Non-Exclusive Authority to Sell (SAMPLE).doc Download this file

This is for reference purposes only.
All final version of the Contract should be duly acknowledged, approved and signed by the Property Owner and Broker.

"The Grove by Rockwell" - 75% Nature 25% Man 100% ROCKWELL

2011-10-22T21:57:00.001-07:00

Watch the Grove AVP so you can have a clearer picture of what The Grove promises to be.

The Grove by Rockwell

A property being developed by Rockwell Land Corporation, The Grove by Rockwell is its first residential project outside of Makati. This 5.4 hectare property is set to be a 6-tower community; complete with amenities, a fitness center, and a 2-level retail cluster. This is your future home.

© 2011 YouTube, LLC
901 Cherry Ave, San Bruno, CA 94066

RA9646 and IPORESP

2011-09-16T20:21:00.001-07:00

"Integrated Professional Organization of Real Estate Service Practitioners (IPORESP) is mentioned

12 times in Real Estate Service Act of 2009 (RA 9646) and is for
Real Estate Consultants, Appraisers, Assessors, Brokers, and Salespersons/Agents.

In IPORESP, Membership Fee is zero; CPE and Salesperson Training becomes 90% cheaper; No one is obliged to join any Association; and solid programs will be implemented to level the playing field."

This is the official website of IPORESP - http://iporesp.org/

The following is the full text of RA9646 - the Real Estate Service Act of the Philippines (full text)

with an Explanatory Note (with permission) from the No. 1 Real Estate Service Coach/Online Educator and IPORESP Convenor,
Rltr. John Remollo Petalcorin

(http://petalcorin.blogspot.com/):

RA 9646 - Real Estate Service Act of the Philippines (full text)

Explanatory Note by John Petalcorin on 07/16/2009.
The Philippine real estate practice was used to be regulated by the
Ministry Order 39 of the Bureau of Trade Regulation and Consumer Protection of the Department of Trade and Industry (DTI-BTRCP)
. To strengthen the MO 39, a Real Estate Service Bill was filed in House of Representatives (Congress Lower House) in October 22, 1987 during the time of President Corazon Aquino. After 22 years and four Presidents, it was finally approved by the President Gloria Macapagal-Arroyo on June 29, 2009 and became a Republic Act No. 9646 entitled Real Estate Service Act of the Philippines.
The law was published in the Philippine Daily Inquirer on July 15, 2009. In accordance with Sec. 45 of Republic Act No. 9646, the Act shall take effect fifteen (15) days following its publication in the Official Gazette or in a major daily newspaper of general circulation in the Philippines.

Republic Act 9646 Real Estate Service Act
REPUBLIC OF THE PHILIPPINES }
AN ACT REGULATING THE PRACTICE OF REAL ESTATE SERVICE IN THE PHILIPPINES, CREATING FOR THE PURPOSE A PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE, APPROPRIATING FUNDS THEREFORE AND FOR OTHER PURPOSES

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

ARTICLE I. TITLE, DECLARATION OF POLICY AND DEFINITION OF TERMS

SEC. 1. Title

This Act shall be known as the “Real Estate Service Act of the Philippines.”

SECTION 2. Declaration of Policy

The State recognizes the vital role of real estate service practitioners in the social, political, economic development and progress of the country by promoting the real estate market, stimulating economic activity and enhancing government income from real property-based transactions. Hence, it shall develop and nurture through proper and effective regulation and supervision a corps of technically competent, responsible and respected professional real estate service practitioners whose standards of practice and service shall be globally competitive and will promote the growth of the real property industry.

SEC. 3. Definition of Terms

As used in this Act, the following terms shall mean:
(A) “Appraiser” also known as valuer, refers to a person who conducts valuation/appraisal; specifically, one who possesses the necessary qualifications, ability and experience to execute or direct the valuation/appraisal of real or personal property.

(B) “Assessor” refers to an official in the local government unit, who performs appraisal and assessment or real properties, including plants, equipment, and machineries, essentially for taxation purpose. This definition also includes assistant assessors.

(C) “Real estate” refers to the land and all those items which are attached to the land. It is the physical, tangible entity, together with all additions or improvements on, above or below the ground.
(D) “Real estate development project” means the development of land for residential, commercial, industrial, agricultural, institutional and recreational purposes, or any combination of such including, but not limited to, tourist, resorts, reclamation projects, building or housing projects, whether for individual or condominium ownership, memorial parks and others of similar nature.
(E) "Real estate developer" refers to any natural or juridical person engaged in the business of developing real estate development project for his/her or its own account and offering them for sale or lease.

(F) “Real property” includes all the rights and benefits related to the ownership of real estate.
(G) “Real estate service practitioners” shall refer to and shall consist of the following:
(1) Real Estate Consultant – a duly registered and licensed natural person who, for a professional fee, compensation or other valuable consideration, offers or renders professional advice and judgment on: (i) the acquisition, enhancement, preservation, utilization or disposition of lands or improvements thereon; and (ii) the conception, planning, management and development of real estate projects;

(2) Real Estate Appraiser – a duly registered and licensed natural person who, for a professional fee, compensation or other valuable consideration, performs or renders, or offers to perform services in estimating and arriving at an opinion of or acts as an expert on real estate values, such services of which shall be finally rendered by the preparation of the report in acceptable written form;
(3) Real Estate Assessor – a duly registered and licensed natural person who works in a local government unit and performs appraisal and assessment of real properties, including plants, equipment, and machineries essentially for taxation purposes.
(4) Real Estate Broker – a duly registered and licensed natural person who, for a professional fee, commission or other valuable consideration acts as an agent of a party in a real estate transaction to offer, advertise, solicit , list, promote, mediate, negotiate or effect the meeting of the minds on the sale, purchase, exchange, mortgage, lease or joint venture, or other similar transactions on real estate or any interest therein;
(5) Real Estate Salesperson – a duly accredited natural person who performs service for, and in behalf of, a real estate broker who is registered and licensed by the Professional Regulatory Board of Real Estate Service for or in expectation of a share in the commission, professional fee, compensation or other valuable consideration.

ARTICLE II. PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE
SEC. 4. Creation and Composition of the Board

There is hereby created a Professional Regulatory Board of Real Estate Service, hereinafter referred to as the Board, under the supervision and administrative control of the Professional Regulation Commission (PRC), hereinafter referred to as the Commission, composed of a chairperson and four (4) members who shall be appointed by the President of the Philippines from the three (3) recommendees chosen by the Commission from a list of five (5) nominees per position submitted by the accredited and integrated professional organizations of real estate service practitioners [AIPORESP]: Provided, that two (2) members of the Board shall represent the government assessors and appraisers.

The first Board shall be organized within six (6) months from the effectivity of this Act.

SEC. 5. Powers and Functions of the Board

The Board is hereby vested the following powers and functions:
(A) Provide comprehensive policy guidelines for the promotion and development of the real estate industry;
(B) Conduct licensure examinations for the practice of the real estate service profession and prescribe the appropriate syllabi of the subjects for examination;
(C) Issue, suspend, revoke or reinstate, after due notice and hearing, certificates of registration or professional identification cards for the practice of real estate service;
(D) Maintain a comprehensive and updated register of licensed real estate service professionals;
(E) Monitor the conditions affecting the practice of real estate service and adopt such measures as may be proper for the enhancement of the profession and/or the maintenance of high professional, ethical and technical standards;
(F) Adopt the national Code of Ethics and Responsibilities to be strictly observed by all licensed real estate service practitioners;
(G) Hear or investigate any violation of this Act, its implementing rules and regulations, and the Code of Ethics and Responsibilities for real estate service practitioners and issue subpoena and subpoena duces tecum to secure the appearance of witnesses and the production of documents in connection therewith;
(H) Safeguard and protect legitimate and licensed real estate service practitioners and, in coordination with the accredited and integrated professional organization of real estate practitioners[AIPORESP], monitor all forms of advertisements, announcements, signboards, billboards, pamphlets, brochures and others of similar nature concerning real estate and, where necessary, exercise its judicial and police powers to finally and completely eradicate the pernicious practices of unauthorized or unlicensed individuals;
(I) Prescribe, in cooperation with the Commission on Higher Education (CHED) or the concerned state university or college, the essential requirements as to the curricula and facilities of schools, colleges or universities seeking permission to open academic courses or already offering such courses in real estate service, and to see to it that these requirements, including the employment of qualified faculty members, are properly complied with;
(J) Promulgate, administer and enforce rules and regulations necessary in carrying out the provisions of this Act;
(K) Supervise and regulate the registration , licensure and practice of real estate service in the Philippines;
(L) Assess and fix the rate of reasonable regulatory fees;
(M) Administer oaths and affirmations;
(N) Adopt an official seal of the Board;
(O)Evaluate periodically the status of real estate service education and profession, and recommend and/or adopt measures to upgrade and maintain its high standard;
(P) Prescribe guidelines and criteria for the Continuing Professional Education (CPE) program for real estate service practitioners in consultation with the accredited and integrated professional organizations of real estate service practitioners[AIPORESP];
(Q) Screen, issue and monitor permits to organizations of real estate professionals in the conduct of seminars and accredit such seminars pursuant to the CPE program, as well as the instructors or lecturers therein, for the purpose of upgrading the quality and knowledge of the profession;
(R) Monitor and supervise the activities of the accredited and integrated professional organizations and other associations of real estate service practitioners [AIPORESP]; and
(S) Discharge such other powers, duties and functions as the Commission may deem necessary to carry out the provisions of this Act.
The policies, resolutions, rules and regulations issued or promulgated by the Board shall be subject to the review and approval by the Commission. However, the Board’s decisions, resolutions or orders which are not interlocutory, rendered in an administrative case, shall be subject to review by the Commission only on appeal.

SEC. 6. Qualifications of the Chairperson and the Members of the Board
The chairperson and the members of the Board shall, at the time of their appointment, possess the following qualifications:
(A) A citizen and resident of the Philippines;
(B) A holder of a bachelors degree related to real estate;
(C) An active licensed practitioner of real estate service for at least ten (10) years prior to his/her appointment;
(D) A bonafide member in good standing of the accredited and integrated professional organization of real estate service practitioners [AIPORESP] but not an officer or trustee at the time of his/her appointment;
(E) Neither be a member of the faculty of an institute, school, college or university, nor have any pecuniary interest, direct or indirect, in any institution or association where review classes or lectures in preparation for the licensure examination are being offered or conducted; and
(F) Of good moral character, and must not have been convicted by final judgment by a competent court of a criminal offense involving moral turpitude.

SEC. 7. Term of Office
The chairperson and the members of the Board shall hold office for a term of three (3) years from the date of their appointment and until their successor/s shall have been appointed: Provided, That the members of the first appointed Board shall hold office for the following terms: one (1) member as chairperson, to serve for three (3) years; two (2) members, to serve for two (2) years; and two (2) members, to serve for one (1) year.
The chairperson and the members of the Board may be reappointed for a second term but in no case shall he/she serve continuously for more than six (6) years. Any vacancy in the Board shall be filled for the unexpired portion of the term, of the member who vacated the position. On the constitution of the first Board, the chairperson and the members of the Board shall automatically be registered and issued certificates of registration and professional identification cards. Each member of the Board shall take the proper oath of office prior to the assumption of duty.
SEC. 8. Compensation and Allowances of the Chairperson and the Members of the Board
The chairman and the members of the Board shall receive compensation and allowances comparable to the compensation and allowances received by the chairman and the members of existing professional regulatory boards under the Commission, as provided for in the General Appropriations Act.

SEC. 9. Removal of the Chairperson and the Members of the Board
The chairperson or any of the Board may be suspended or removed by the President of the Philippines, upon the recommendation of the Commission, for neglect of duty; abuse of power; oppression; incompetence; unprofessional; unethical, immoral, or dishonorable conduct; commission or toleration of irregularities in the conduct of examination or tampering of the grades therein; or for final judgment or conviction of any criminal offense involving moral turpitude.
SEC. 10. Supervision of the Board, Custodian of its Records, Secretariat and Support Services
The Board shall be under the general supervision and administrative control of the Commission. All records of the Board, including applications for examinations, examination papers and results, minutes of deliberations, administrative and other investigate cases involving real estate service practitioners, shall be kept by the Commission. The Commission shall designate the secretary of the Board and shall provide the secretariat and other support services to implement the provisions of this Act subject to the usual government accounting and auditing rules and regulations.

SEC. 11. Annual Report
The Board shall, at the close of each calendar year submit an annual report to the Commission, giving a detailed account of its proceedings and accomplishments during the year and recommending measures to be adopted with the end-in-view of upgrading and improving the conditions affecting the practice of real estate service in the Philippines.

ARTICLE III. LICENSURE EXAMINATION AND REGISTRATION
SEC. 12. Licensure Examination
Every applicant seeking to be registered and licensed as a real estate service practitioner, except a real estate salesperson, shall undergo an examination as provided for in this Act. Examinations for the practice of real estate service in the Philippines shall be given by the Board at least once every year in such places and dates as the Commission may designate.

SEC. 13. Scope of Examination
An examination shall be given to the licensure applicants for real estate brokers, real estate appraisers and real estate consultants which shall include, but not limited to, the following:

(A) For Real Estate Consultants – fundamentals of real estate consulting, standards and ethics; consulting tools and techniques, which include project feasibility study and investment measurement tools; real estate finance and economics; real estate consulting and investment analysis; consulting for specific engagement, which include consulting for commercial, industrial, recreation, and resort and hotel properties, and consulting for government and corporate and financial institutions; land management system and real property laws, and any other related subjects as may be determined by the Board.

(B) For Real Estate Appraisers – fundamentals of real estate principles and practices; standards and ethics; theories and principles in appraisal; human and physical geography; methodology of appraisal approaches; valuation procedures and research; appraisal of machinery and equipment; practical appraisal mathematics; appraisal report writing; real estate finance and economics; case studies; land management system and real property laws; and any other related subjects as may be determined by the Board; and

(C) For Real Estate Brokers – fundamentals of property ownership; code of ethics and responsibilities; legal requirements for real estate practice; real estate brokerage practice; subdivision development; condominium concept; real estate finance and economics; basic principles of ecology; urban and rural land use; planning, development and zoning; legal aspect of sale, mortgage and lease; documentation and registration; real property laws; and any other related subjects as may be determined by the Board.

To conform with technological and modern developments, the Board may recluster, rearrange, modify, add or exclude any of the foregoing subjects as may be necessary.
SEC. 14. Qualifications of Applicants for Examinations

In order to be admitted to the licensure examination for real estate service, a candidate shall, at the time of filing his/her application, establish to the satisfaction of the Board that he/she possesses the following qualifications:
(A) Citizen of the Philippines;
(B) A holder of relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by CHED: Provided, that as soon as a course leading to Bachelor’s Degree in Real Estate Service is implemented by the CHED, the Board shall make this course a requirement for taking the licensure examination;
(C) Of good moral character, must not have been convicted of any crime involving moral turpitude: Provided, That an applicant for the licensure examination for real estate consultants must show proof that he/she has at least three (10) years experience as a licensed real estate broker or an assessor, or as a bank or institutional appraiser or an employed person performing real property valuation, or at least five (5) years experience as a licensed real estate appraiser.

All applicants for examination shall be filed with the Board which shall assess and approve said applications and issue to the qualified examinees the corresponding permits to take such examination.

SEC. 15. Ratings in the Examination
In order that a candidate may be deemed to have successfully passed the examination, he/she must have obtained an average of at least seventy-five percent (75%) in all subjects, with no rating below fifty percent (50%) in any subject.

SEC. 16. Release of the Results of Examination
The results of the examination shall be released by the Board within ten (10) days from the last day of the examination.

SEC. 17. Issuance of the Certificate of Registration and the Professional Identification Card
A certificate of registration shall be issued to examinees who pass the licensure examination for real estate service subject to payment of fees prescribed by the Commission. The certificate of registration shall bear the signature of the chairperson of the Commission and the chairperson and the members of the Board, stamped with the official seal of the Commission, indicating that the person named therein is entitled to practice the profession with all the benefits and privileges appurtenant thereto. This certificate of registration shall remain in full force and effect until revoked or suspended in accordance with this Act.

A professional identification card bearing the registration number, date of issuance and expiry date, duly signed by the chairperson of the Commission, shall likewise be issued to every registrant upon payment of the required fees. The professional identification card shall be renewed every three (3) years and upon satisfying the requirements of the Board, such as, but not limited to, attendance in the CPE program.

SEC. 18. Refusal to Register
The Board shall not register and issue a certificate of registration to any successful examinees who has been convicted by a court of competent jurisdiction of any criminal offense involving moral turpitude or has been found guilty of immoral or dishonorable conduct after investigated by the Board, or has been found to be psychologically unfit.

SEC. 19. Revocation or Suspension of the Certificate of Registration and the Professional Identification Card or Cancellation of Special/Temporary Permit

The Board may, after giving proper notice and hearing to the party concerned, revoke the certificate of registration and the professional identification card, or cancel the special or temporary permit of a real estate service practitioner, or suspend him/her from the practice of the profession on any of the following instances hereunder:
(A) Procurement of a certificate of registration and/or professional identification card, or special/temporary permit by fraud or deceit;
(B) Allowing an unqualified person to advertise or to practice the profession by using one’s certificate of registration or professional identification card, or special/temporary permit;

(C) Unprofessional or unethical conduct;
(D) Malpractice or violation of any of the provisions of this Act, its implementing rules and regulations, and the Code of Ethics and Responsibilities for real estate service practitioners;

(E) Engaging in the practice of the profession during the period of one’s suspension.
SEC. 20. Registration Without Examination
Upon application and payment of the required fees, the following shall be registered, and shall be issued by the Board and the Commission a certificate of registration and a professional identification card without taking the prescribed examination:

(A) Those who, on the date of the effectivity of this Act, are already licensed as real estate brokers, real estate appraisers or real estate consultants by the Department of Trade and Industry (DTI) by the virtue of Ministry Order No. 39, as amended: Provided, That they are in active practice as real estate brokers, real estate appraisers and real estate consultants, and have undertaken relevant CPE to the satisfaction of the Board;

(B) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointment and are performing actual appraisal and assessment functions for the last five (5) years, have passed the Real Property Assessing Office (RPAO) examination conducted and administered by the Civil Service Commission (CSC) in coordination with the Department of Finance (DOF), and have undertaken relevant CPE to the satisfaction of the Board; and

(C) Assessors and appraisers who, on the date of the effectivity of this Act, hold permanent appointment and have at least ten (10) years actual experience in real property appraisal or assessment and have completed at least one hundred twenty (120) hours of accredited training on real property appraisal conducted by national or international appraisal organizations or institutions/entities recognized by the Board and relevant CPE to the satisfaction of the Board.

Those falling under the categories (B) and (C) shall register with the Board after they shall have complied with the requirements for registration as real estate appraisers: Provided, That those seeking to be licensed to a new credential level shall be required to take the pertinent licensure examination.

Those so exempt under the aforementioned categories shall file their application within two (2) years from the effectivity of this Act: Provided, That the renewal of the professional identification card is subject to the provisions of Section 17 hereof.

SEC.21. Reinstatement, Reissuance or Replacement of Certificate of Registration, Professional Identification Card and Special/Temporary Permit.

The Board may, after the expiration of two (2) years from the date of revocation of a Certificate of Registration and/or Professional Identification Card, and upon application, compliance with the required CPE units , and for reasons deemed proper and sufficient, reinstate any revoked certificate of registration reissue a suspended professional identification card and in doing, may, in its discretion, exempt the applicant from taking another examination.

A new certificate of registration, professional identification card or special/temporary permit may be issued to replace lost, destroyed or mutilated ones, subject to the rules as may be promulgated by the Board.

SEC. 22. Roster of Real Estate Service Practitioners

The Board, in coordination with the integrated organizations of real estate service practitioners, shall prepare, update and maintain a roster of real estate service practitioners which shall contain the names of all registered real estate service practitioners, their residence and office addresses, license number, dates of registration or issuance of certificates, and other data which the Board may deem pertinent. Copies thereof shall be made available to the public upon request.

SEC. 23. Issuance of Special or Temporary Permit

Upon application and payment of the required fees and, subject to the approval of the Commission, the Board may issue special/temporary permit to real estate service practitioners from foreign countries whose services are urgently needed in the absence or unavailability of local real estate service practitioners for the purpose of promoting or enhancing the practice of the profession in the Philippines.

SEC.24. Foreign Reciprocity

No foreign real estate service practitioner shall be admitted to the licensure examination or be given a certificate of registration or a professional identification card, or be entitled to any of the privileges under this Act unless the country of which he/she is a citizen specifically allows Filipino real estate service practitioners to practice within its territorial limits on the same basis as citizens of such foreign country.

ARTICLE IV. PRACTICE OF REAL ESTATE SERVICE
SEC. 25. Oath
All successful examinees qualified for registration and all qualified applicants for registration without examination as well as accredited salesperson shall be required to take an oath before any member of the Board or any officer to the Commission duly authorized by the Commission to administer oaths prior to entering into the practice of real estate service in the Philippines.

SEC. 26 Professional Indemnity Insurance/Cash or Surety Bond
All real estate brokers and private real estate appraisers shall, in addition to the oath referred to in the preceding section, be required to post a professional indemnity insurance/cash or surety bond, renewable every three (3) years, in an amount to be determined by the Board, which in no case shall be less than Twenty Thousand Pesos (P20,000.00) without prejudice to the additional requirement of the client.

SEC. 27. Acts Constituting the Practice of Real Estate Service

Any single act or transaction embraced within the provisions of Section 3(G) hereof, as performed by real estate service practitioners, shall constitute an act of engaging in the practice of real estate service.

SEC. 28. Exemptions from the Acts Constituting the Practice of Real Estate Service

The provisions of this Act and its rules and regulations shall not apply to the following:

(A) Any person, natural or judicial, who shall directly perform by himself/herself the acts mentioned in Section 3 hereof with reference to his/her or its own property, except real estate developers;
(B) Any receiver, trustee or assignee in bankruptcy or insolvency proceedings;
(C) Any person acting pursuant to the order of any court of justice; and
(D) Any person who is duly constituted attorney-in-fact for purposes of sale, mortgage, lease or exchange, or other similar contracts of real estate, without requiring any form of compensation or remuneration;

(E) Public officers in the performance of their official duties and functions, except government assessors and appraisers.
SEC. 29 Prohibition Against the Unauthorized Practice of Real Estate Service

No person shall practice or offer to practice real estate service in the Philippines or offer himself/herself as real estate service practitioner or use the title, word, letter, figure or any sign tending to convey the impression that one is a real estate service practitioner, or advertise or indicate in any manner whatsoever that one is qualified to practice the profession, or be appointed as real property appraiser or assessor in any national government entity or local government unit, unless he/she has satisfactorily passed the licensure examination given by the Board, except as otherwise provided in this Act, and is a holder of a valid certificate of registration and professional identification card or a valid special/temporary permit duly issued to him/her by the Board and the Commission, and in the case of real estate brokers and private appraisers, they have paid the required bond as hereto provided.

SEC. 30. Positions in Government Requiring the Services of Registered and Licensed Real Estate Service Practitioners
Within three (3) years from the effectivity of this Act, all existing and proposed positions in the local and national governments, whether career, permanent temporary or contractual, and primarily requiring the services of a real estate service practitioner, shall be filled only by registered and licensed real estate service practitioners.

All incumbent assessors holding permanent appointments shall continue to perform their functions without need for reappointment and without diminution of status, rank and salary grade, and shall enjoy security of tenure. However, they may not be promoted to a higher position until they meet the qualification requirements of that higher position as herein prescribed. Nothing in this Act shall be construed to reduce any benefit, interest, or right enjoyed by the incumbents at the time of the enactment of this Act. The appointing authority shall exercise his power to appoint the assessor in accordance with the provisions of this Act only when a vacancy occurs.

SEC. 31 Supervision of Real Estate Salespersons
For real estate salespersons, no examination shall be given, but they shall be accredited by the Board: Provided, That they have completed at least two (2) years of college and have undergone training and seminars in real estate brokerage, as may be required by the Board.

Real Estate salespersons shall be under the direct supervisionand accountability of a real estate broker. As such, they cannot by themselves be signatories to a written agreement involving a real estate transaction unless the real estate broker who has direct supervision and accountability over them is also signatory thereto.

No real estate salesperson, either directly or indirectly, can negotiate, mediate or transact any real estate transaction for and in behalf of a real estate broker without first securing an authorized accreditation as real estate salesperson for the real estate broker as prescribed by the Board.

A real estate broker shall be guilty of violating this Act for employing or utilizing the services of a real estate salesperson when he/she has not secured the required accreditation from the Board prior to such employment.
No salesperson shall be entitled to receive or demand a fee, commission or compensation of any kind from any person, other than the duly licensed real estate broker who has direct control and supervision over him, for any service rendered or work done by such salesperson in any real estate transaction. No violation of this provision shall be cause for revocation or suspension of the certificate of registration of the real estate broker unless there was actual knowledge of such violation or the broker retains the benefits, profits or proceeds of a transaction wrongfully negotiated by the salesperson.
SEC. 32. Corporate Practice of Real Estate Service

(A) No partnership or corporation shall engage in the business of real estate service practice unless it is duly registered with the Securities and Exchange Commission (SEC), and the persons authorized to act for the partnership or corporation are all duly registered and licensed brokers, appraisers or consultants, as the case may be. The partnership or corporation shall regularly submit a list of its real estate service practitioners to the Commission and to SEC as part of its annual reportorial requirements. There shall be at least one (1) licensed real estate broker for every twenty (20) accredited salespersons.
(B) Divisions or departments of partnership and corporation engaged in marketing or selling any real estate development project in the regular course of business must be headed by full-time registered and licensed real estate brokers.
C) Branch offices of real estate brokers, appraisers or consultants must be manned by a duly licensed real estate broker, appraiser or consultant as the case may be.
In case of resignation or termination from employment of a real estate service practitioner, the same shall be reported by the employer to the Board within a period not to exceed fifteen (15) days from the date of effectivity of the resignation or termination.
Subject to the provisions of the Labor Code, a corporation or partnership may hire the services of registered and licensed real estate brokers, appraisers or consultants on commission basis to perform real estate services and the latter shall be deemed independent contractors and not employees of such corporations.
SEC. 33. Display of License in the Place of Business
Every registered and licensed real estate service practitioner shall establish and maintain a principal place of business and such other branch offices as may be necessary, and shall conspicuously display therein the original and/or certified true copies of his/her certificate of registration as well as the certificates of registration of all the real estate service practitioners employed in such office.
SEC. 34. Accreditation and Integration of Real Estate Service Associations
All real estate service associations shall be integrated into one (1) national organization, which shall be recognized by the Board, subject to the approval of the Commission, as the only accredited and integrated professional organization of real estate service practitioners [AIPORESP].

A real estate service practitioner duly registered with the Board shall automatically become a member of the accredited and integrated professional organization of real estate service practitioners [AIPORESP], and shall receive the benefits and privileges appurtenant thereto.

Membership in the accredited and integrated professional organization of real estate service practitioners [AIPORESP] shall not be a bar to membership in other association of real estate service practitioners.
SEC. 35. Code of Ethics and Responsibilities for Real Estate Service Practitioners
The Board shall adopt and promulgate the Code of Ethics and Responsibilities for real estate service practitioners which shall be prescribed and issued by the accredited and integrated professional organization of real estate service practitioners[AIPORESP].

SEC. 36. Continuing Professional Education (CPE) Program
The Board shall develop, prescribe and promulgate guidelines on CPE upon consultation with the accredited and integrated professional organization of real estate service practitioners[AIPORESP], affiliated association of real estate service practitioners and other concerned sectors, and in accordance with such policies as may have been prescribed by the Board, subject to the approval of the Commission. The Board shall create a CPE Council that shall be composed of a chairperson coming from the Board, a member from the accredited and integrated professional organization of real estate service practitioners [AIPORESP] and a member from the academe.
SEC. 37. Enforcement Assistance to the Board
The Board shall be assisted by the Commission in carrying out the provisions of this Act and its implementing rules and regulations and other policies. The lawyers of the Commission shall act as prosecutors against illegal practitioners and other violators of this Act and its rules. The duly constituted authorities of the government shall likewise assist the Board and the Commission in enforcing the provisions of this Act and its rules.
SEC. 38. Indication of the Certificate of Registration, Professional Identification Card Number, and Privilege Tax Receipt (PTR) Number, and Accredited Professional Organization (APO) Number

Real Estate service practitioners shall be required to indicate the certificate of registration, professional identification card, Professional Tax (PTR) Number, and APO receipt number, and the date of issuance and the duration of validity on the documents he/she signs, uses or issues in connection with the practice of his/her profession.
ARTICLE V. PENAL AND FINAL PROVISIONS
SEC. 39. Penal Provisions
Any violation of this Act, including violations of implementing rules and regulations, shall be meted the penalty of a fine of not less than One hundred thousand pesos (P100,000.00) or imprisonment of not less than two (2) years, or both such fine and imprisonment upon the discretion of the court. In case the violation is committed by an unlicensed real estate service practitioner, the penalty shall be double the aforesaid fine and imprisonment.

In case the violation is committed by a partnership, corporation, association or any other juridical person, the partner, president, director or manager who has committed or consented to or knowingly tolerated such violation shall be held directly liable and responsible for the acts as principal or as a co-principal with the other participants, if any.

SEC. 40. Appropriations
The chairperson of the Professional Regulation Commission shall immediately include in the Commission’s programs the implementation of this Act, the funding of which shall be included in the annual General Appropriation Act and thereafter.

SEC. 41. Transitory Provisions
Within ninety (90) days from the effectivity of this Act, the DTI shall transfer all pertinent records, documents and other materials to the Professional Regulatory Board of Real Estate Service.
SEC. 42. Implementing Rules and Regulations
Within six (6) months after the effectivity of this Act, the Commission, together with the Board and the accredited and integrated professional association of real estate service practitioners [AIPORESP] and the CHED, shall prepare the necessary ru

Travel more, Worry less with Chartis' Travel Guard

2011-08-28T18:31:00.001-07:00

TravelGuard

Travel Guard

© 2011 YouTube, LLC
901 Cherry Ave, San Bruno, CA 94066

PAMI's Latest Portfolio Allocation as of 12 August 2011

2011-08-18T00:47:00.001-07:00

Attached herewith are the latest fact sheets of the funds to view their current underlying securities.

8-12-11_PSGF.pdf Download this file

8-12-11_GMFI.pdf Download this file

8-12-11_NCM.pdf Download this file

8-12-11_PBF.pdf Download this file

8-12-11_PDBF.pdf Download this file

8-12-11_PFI.pdf Download this file

8-12-11_PMIF.pdf Download this file

75% Nature 25% Man 100% Rockwell || The Grove Tower E and F now OPEN

2011-08-03T04:32:00.001-07:00

Greetings from Rockwell Land!

Just an update, Towers E and F have just been opened forPre-selling. 3% Intro Discount for the 1st 25 buyers. :)

∞

It is not just having trees and gardens but the idea of cosmopolitan green. The Grove boasts of 6 towers with podium parking amidst the 75% open space ratio, displaying an astonishing facade of greeneries never before seen in local residential developments.

As we continue to create lifestyle, The Grove will have a retail cluster that will house dining establishments as well as a supermarket,

serving as another focal point for residents to come together and enjoy the life that you deserve.

We are bringing the luxurious services of Rockwell Center to your doorstep as we have the amenities enclave.

Make use of the uniquely designed lap and lounge pool, soccer lawn, jogging paths and biking trails, gazebos and pavilions, private function rooms, fully-equipped fitness and wellness center, multi-sport playing courts, as well as the retail establishments. Easily accessible around The Grove, take a stroll and delight in our landscaped botanical gardens.

The Grove will have 24-hour security and 100% back up power. We guarantee your comfort, exclusivity, and convenience at all times.

The Grove by Rockwell is another first, and I invite you to be part of our growing community by choosing Rockwell, Ortigas.

                  As Rockwell continues to be the leader of unparalleled luxury and innovation, we are excited to work hand in hand with you in providing quality living at the most attractive and flexible amortization terms.

Promo Details for Towers E & F:
Turnover date: December 2015 - LAUNCHED last July 29, 2011

3% INTRO DISCOUNT for the first 25 Buyers

Unit Details:

TOWER E and TOWER F

Turnover: December 2015



       TE-805

       Unit type: One Bedroom Flat (inclusive of balcony, corner unit)

       Unit Size: 41 sqm

       Level: 8th floor

       Orientation: North East ( facing the Morning Sun, the Porte Cochere, landscaped botanical gardens of The Grove, and Antipolo Hills)

      TE-803

       Unit type:Two Bedroom Flat (inclusive of balcony)

       Unit Size: 60 sqm

       Level: 8th floor

       Orientation: South West ( facing Sunset, the Retail Cluster, landscaped botanical gardens of The Grove, and skyline of Makati and Ortigas)

       TE-1211

       Unit type: Three Bedroom Flat (inclusive of balcony, corner unit)

       Unit Size: 90 sqm

       Level: 12th floor

       Orientation: South East ( facing the Morning Sun, the Multi-level pool, landscaped botanical gardens of The Grove, Laguna de Bay and Rizal mountain ranges)



The Grove Towers C and D Unit mix:

·         Studio – 32 sqm (no balcony) and 34 sqm (inclusive of balcony)

·         One Bedroom Flat – 43 sqm (no balcony), 63 sqm (no balcony), and 68 sqm (inclusive of balcony)

·         Two Bedroom Flat – 74 sqm (no balcony) and 97 sqm (inclusive of balcony)

·         Three Bedroom Flat – 111 sqm (inclusive of balcony) and 131 sqm (inclusive of balcony)

The Grove Towers
E and F Unit mix:

·         One Bedroom Flat – 41 sqm (inclusive of balcony), and 46 sqm (inclusive of balcony)

·         Two Bedroom Flat – 60 sqm (inclusive of balcony), 61 sqm (no balcony), 62 sqm (no balcony), and 65 sqm (no balcony)

·         Three Bedroom Flat – 78sqm (no balcony), 88 sqm (inclusive of balcony), 90 sqm (inclusive of balcony)


To give you an idea about our current payment terms, please contact Ronnie Reyes to get sample computations and floor plan of One bedroom, Two bedroom and Three Bedroom units at The Grove. Thank you.

PAMI's Market Watch as of July 28, 2011

2011-08-01T15:50:00.001-07:00

Market Watch July 28, 2011.pdf Download this file

Market Watch on USA's Debt Ceiling and Implications for the Philippines.

The Viridian at Greenhills - with Promo Payment Terms up to August 15, 2011 ONLY!!

2011-07-29T21:38:00.001-07:00

Now offering Promo Payment Terms until August 15, 2011 only!

SKY GARDENS

PROMO TERMS UNTIL AUGUST 15, 2011 ONLY!!

Studio Unit:

38 sqm - with Monthly payment as low as P32,888/month

1-Bedroom Unit:
82 sqm – with Monthly payment as low as P61,423/month

2-Bedroom Unit:
121 sqm – with Monthly payment as low as P110,722/month

3-Bedroom Unit:
135sqm – with Monthly payment as low as P110,996/month

VIRIDIAN is the most awaited high end condominium development in Greenhills Shopping Center by Ortigas and Company.

The Viridian Tower will rise 53-stories into the skyline of Manila and its iconic massing and design will become the “crown jewel” of Greenhills. The Viridian will bring together the essence of Greenhills and its immediate locale

§        Luxury residential condominium

§        49 residential floors

§        530 total units

§        Low Zone: 5th- 20th Floor

§        Mid Zone: 21st – 37th Floor

§        High Zone:38th – 53rd Floor

§        1 floor for amenities

§        2 levels of retail floor

§        5 levels of basement parking

Model Units are available for viewing at the Ortigas and Company Showroom in Greenhills Shopping Center.

For more details you may reach me at 0917-796-2530 or email at reyes.ronnie@gmail.com.

Thank you!

Ronnie Reyes



See the full gallery on Posterous

image002.emz Download this file

image011.emz Download this file

image013.emz Download this file

The Viridian at Greenhills

2011-07-26T18:20:00.001-07:00

The ancient Chinese practice of Feng Shui has defined the location of Greenhills Shopping Center as the “belly of the dragon.”

The belly is the center of the whole dragon; it is where food is taken in and stored. Symbolically, it is where wealth and people prosper. People staying in the area of the “belly” are very intelligent, able, wealthy, and living auspicious lives.

Ortigas & Co. is proud to present...

Viridian at Greenhills - a Residential Tower (Part of the first phase of the Greenhills Shopping Redevelopment).

Location: Greenhills Center

Developer: Ortigas & Company
Transaction Type: Pre-selling only

Target Completion: 2016

Invest with PAMI and get your Dream Gadget for Free

2011-07-24T06:10:00.001-07:00

Light Availability - 2011-07-22 and Price List effective August 1, 2011

2011-07-24T01:35:00.001-07:00

__,_._,___

Light Availability T3 20110722.pdf Download this file

Light Availability T1 20110722.pdf Download this file

Light Price List Tower 1 (2011-08-01).pdf Download this file

Light Price List Tower 3 (2011-08-01).pdf Download this file

Some insights from PAMI on the recent Market Run

2011-07-21T01:04:00.001-07:00

Valued Clients,

Allow me to share with you some insights from our equity fund managers regarding the 5 straight days of market appreciation. They see the Phisix sustaining its current growth given the following reasons:

Recent credit rating upgrades of the Philippines

Increased OFW remittance and continued acceleration in the 2^nd half of the year

Increased loans growth of the banks showing continued money supply in the market. Stock prices of banks have been moving up given the banking sector’s stellar performance

Better Corporate Earnings Report for the 2^nd half of the year

All of the abovementioned are supportive of the bull trend and based on solid local fundamentals. They see shallow corrections along the way but no significant threatening drops.

With regard the US debt ceiling crisis, analysts are discounting the occurrence of the US letting their investment grade standing to be downgraded. Despite the nearing August 2 deadline and absence of any firm decision about the issue, Dow Jones last night increased 107.96 points. This is one of the biggest single day climbs since start of the year and proof of the investors’ downplay of the doomsday scenario. The prevailing problem in the Eurozone remains to persist making the ASEAN markets as the next viable investment haven.

My take: Let's Ride the Bull Run.

Philam Asset Management, Inc. (PAMI) - the most awarded mutual fund company.

2011-07-20T20:02:00.001-07:00

Chartis Philippines' update on list of Sanctioned Countries in its TRAVEL GUARD Policies

2011-07-18T02:02:00.001-07:00

In compliance with Chartis' Policy on Economic Sanctions and Politically Exposed Persons, please be informed that effective immediately, Chartis Philippines is adding the following countries to the list of sanctioned countries under its Travel Guard

policies :
1. Libya

2. Burma
Chartis Philippines is therefore amending its Travel policy exclusion, as follows :

Exclusion :

“ No benefit will be provided for any loss resulting (in whole or in part) from :

- any loss, injury, damage or legal liability arising directly or indirectly from travel in, to or

through
Afghanistan

Cuba
Democratic Republic of Congo

Iran
Iraq
Liberia

Sudan
Syria
Libya

Burma
This exclusion amendment applies to all Travel Guard policies, namely Travel Guard Standard and Enhanced policies, Annual Business Travel policies (both Peso and Dollar versions) and Student Travel policies.

Makati Condo Units For Sale and For Lease as of July 2011

2011-07-12T19:07:00.001-07:00

Units for Lease & Sale 2011 - MAKATI.xls Download this file

For availability updates and to schedule site visit, please contact Ronnie Reyes at 0917-796-2530 or email him at reyes.ronnie@gmail.com. Thank you.

Two Serendra Units For Rent as of July 2011

2011-07-12T19:05:00.001-07:00

TWO SERENDRA LISTINGS.xls Download this file

For availability updates and to schedule site visit, please contact Ronnie Reyes at 0917-796-2530 or email him at reyes.ronnie@gmail.com. Thank you.

One Serendra Units For Rent as of July 2011

2011-07-12T19:03:00.001-07:00

ONE SERENDRA LISTINGS.xls Download this file

For availability updates and to schedule site visit, please contact Ronnie Reyes at 0917-796-2530 or email him at reyes.ronnie@gmail.com. Thank you.

Hospitalization Insurance Package by Mapfre Insular

2011-06-26T06:23:00.001-07:00

HOSPITAL CASH PROTECTION BROCHURE.pdf Download this file
Mapfre Insular's Hospital Cash Protection Plan provides daily fixed cash benefit to the Insured in the event of hospital confinement due to a covered illness or injury. This plan is eligible for adults from 18 to 65 years old. Policy is renewable up to age 70.

For details, please contact this Mapfre Insular agent at 0917-796-2530, 984-8376 or email at reyes.ronnie@gmail.com.

TravelGuard Travel Guard
© 2011 YouTube, LLC 901 Cherry Ave, San Bruno, CA 94066