In which year did the Subdivision and Condominium Buyers' Protective Decree become effective?

The Subdivision and Condominium Buyers' Protective Decree became effective in 1976. This decree was established to protect the rights of buyers in subdivisions and condominiums by promoting transparency and ensuring that the developers comply with necessary regulations. The implementation of this decree marked a significant development in real estate practices, aimed at safeguarding the interests of consumers and fostering a more responsible and accountable property development sector. The choice reflects an important legal milestone that outlines consumer protections, offering clarity on developers' obligations related to the sale of property.