Quote Originally Posted by van_wilder View Post
bro mahal talaga siya... and maganda naman talaga... the thing with condos are binabalik sila after ilan decades (50 years), so dapat its either rentahan ng iba or tirahan mo... sayang lang kung walang nakatira... lugi ka... and once completed hindi na masyado nag-appreciate ang value unless naging in-demand or hot yun place...
okay time to resurrect this.

Is this legal? So most developers do not grant perpetual ownership? Paano if you buy a relatively say, 10 year old unit, will you have 40 years left to enjoy it or will you start with a fresh 50?
Some clarifications would be appreciated as Im sure majority of people who own condos are not aware of this huge catch.