Property brochures must disclose waterway info

Rep. Winston “Winnie” Castelo of the Second District of Quezon City said on Friday that the government should require real estate firms and developers and their sales agents to indicate in their product brochures and vicinity maps the location of creeks and other waterways nearest to the location of their projects and pieces of property to enable buyers to know the potential dangers of floods.

In a statement, Castelo noted the growing tendency among real estate developers, firms and agents to omit public disclosure of creeks and waterways in their brochures and product information kits, leading buyers to acquire flood-prone pieces of real estate and property.