Creba wants RESA Law updated

The country’s largest umbrella association of real estate and housing industry players in the country is once again supporting on-going legislative efforts to amend key provisions of Republic Act No. 9646, otherwise known as the Real Estate Service Act of 2009 (RESA Law).

In a statement, the Chamber of Real Estate and Builders’ Associations Inc. (Creba) said the law has to be kept responsive to the challenges of the times to address its negative economic impacts to developers and the thousands of real estate professionals nationwide, especially in the face of a global health emergency that has taken its toll on the livelihoods of millions of Filipinos.