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TERMS & CONDITIONS

ESTATEVIEW

DGR Realty Corporation — Manhattan Residences Candelaria

WEBSITE TERMS AND CONDITIONS

Last Updated: July 17, 2026

Welcome to EstateView (accessible at https://estateview.online/ ). These Terms and Conditions ("Terms") govern your use of our website and outline the strict contractual policies and restrictions of DGR Realty Corporation ("Seller/Developer") concerning property inquiries, bookings, down payments, and restrictions for Manhattan Residences Candelaria.

By using this website, you explicitly agree to these Terms.

Critical Notice on Reservations & Down Payments:

All reservation fees, down payments, and subsequent monthly amortizations made are STRICTLY NON-REFUNDABLE. In the event of default, cancellation, or failure to comply with the terms of reservation or installment schedules, all sums of money paid shall be automatically forfeited in favor of the Seller/Developer as liquidated damages.

1. Default, Cancellation, and Forfeiture Policies

In accordance with the standard contractual stipulations of the project and applicable laws (including the Installment Buyer Protection Act / Republic Act No. 6552):

• Strict Forfeiture: If the buyer fails to pay any portion of the down payment or fails to pay any two (2) consecutive monthly installments when they fall due, the Seller/Developer has the absolute right to extra-judicially cancel the contract.

Any and all amounts already paid shall be automatically forfeited in favor of the Seller/Developer as liquidated damages and/or property rentals.

• Grace Periods & Maceda Law (R.A. 6552): Any rights to cash surrender values or specialized grace periods shall strictly follow the provisions of Republic Act No. 6552.

If a buyer fails to collect a due cash surrender value within five (5) days from receipt of notice, the amount shall be deposited in trust and the contract shall be considered automatically cancelled.

• No Restructuring: As a general rule, no restructuring of delinquent accounts shall be allowed, except upon an approved written request delivered to the main office, which may be granted ONCE during the lifetime of the contract under terms solely determined by the Seller/Developer.

• Devaluation Clause: Should there be any official devaluation of the Philippine Peso, any unpaid balance on the date of such devaluation shall be adjusted in accordance with the devalued rate.

• Interest Rate Fluctuations: If there is an increase in bank loan rates or other financial accommodation terms, the interest rates on the unpaid balances shall automatically amend to match the increased bank interest rate.

2. Payment & Administrative Fees

• Authorized Offices: All official amortization and property payments must be settled directly at the Manhattan Residences Candelaria Sales Office or the main office of DGR Realty Corporation.

No payment made to agents or brokers shall be recognized as valid unless official receipts are signed and issued by an authorized officer or cashier of the Seller/Developer.

• Late Payment Penalties: Late payments are subject to an immediate surcharge or penalty of three percent (3%) per month of the amortization amount due.

• Administrative Fees: The following standard service fees apply:

➢ PHP 500.00 for issuing a true copy of a lost contract.

➢ PHP 1,000.00 for any request to amend the contract.

➢ PHP 1,000.00 administrative fee for building permits.

➢ PHP 1,000.00 transfer fee for any approved transfer, cession, or assignment of rights.

3. Property Use, Construction, and Homeowner Restrictions

All buyers are strictly bound by the following restrictive covenants intended to maintain the architectural harmony, safety, and value of the subdivision:

Subdivision & Building Regulations:

• Residential Use Only: Lots must not be subdivided and must be used exclusively for single-family residential purposes. Commercial leasing of animals is prohibited; pet ownership is limited to a maximum of three (3) domestic pets (dogs, cats, or caged birds).

• Design Standards: Residential building must be built with strong concrete materials, painted in harmonious shades approved by the Seller/Developer. Residential building must not exceed a height limit of 9.0 meters . No exterior firewall construction is allowed on property boundaries unless permitted by the National Building Code and approved in writing by the Seller/Developer.

• Fencing & Timeline: Buyers are obligated to construct a perimeter fence (maximum 7 feet at the rear/sides, and 6 feet fronting streets) at their own expense. Residential houses must be constructed within five (5) years from the date of full development of the subdivision.

• Prohibited Uses: No property or lot shall be utilized as a mortuary, nor for any noxious, flammable, hazardous, or offensive activities. Billiards and signs that obstruct views are strictly prohibited.

• Homeowners' Association: Upon completion of the contract, the buyer automatically becomes a member of the project's recognized Lot Owners/Homeowners Association. Members are subject to monthly dues of PHP 3.00 per square meter of the lot purchased. Failure to settle dues or water utility charges constitutes grounds for utility disconnection and legal action.

4. Subdivision Infrastructure & Seller's Rights

• Utility Disconnection: The Seller/Developer reserves the right to enter properties and disconnect water or community utility connections if association dues, water bills, or amortization payments are delinquent.

• Easements & Survey Rights: Representatives of the Seller/Developer retain the perpetual right of entry to inspect, maintain, survey, and lay essential water, gas, or electrical infrastructure.

• Rights over Waterways: The Seller/Developer retains all rights, titles, ownership, and interests over creek beds, dry creeks, or bodies of flowing water adjacent to subdivision lots. Buyers have no legal claim over these adjacent waterways.

• No Unauthorized Improvements: No buyer shall introduce external excavations, fill, or build structures outside their lot boundary, or alter common roadways without prior written permits from the Seller/Developer.

5. Governing Law and Legal Scope

These terms and conditions are integrated with and supplemental to the formal Contract to Sell of DGR Realty Corporation. Any disputes arising from the online booking system, reservation inquiries, or terms of payment shall be resolved under the laws of the Republic of the Philippines, with exclusive venue in the competent courts of the Philippines.

Legal Disclaimer: This web document serves to inform users of the strict terms, enforceability of payments, and property restrictions implemented by DGR Realty Corporation. Any digital reservation, transaction, or site registration on EstateView shall constitute complete and irrevocable acknowledgment of these rules.

Manhattan Residences Candelaria — Terms of Service

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