Understanding the

MACEDA Law
The MACEDA Law, officially known as the Maceda Law or Republic Act 6552,
is a Philippine law that provides protection to buyers of real estate on
installments.

by Cababat, Kristina Cassandra

Purpose of the MACEDA Law
1 Buyer Protection 2 Equitable Transaction
It aims to protect buyers of real estate To ensure fair and transparent real
on installment payments. estate transactions for both parties.
Key Provisions of the MACEDA
Law
Default
Provisions on the consequences
of default by the buyer.
Rescission
Details on the rights of the
buyer in case of default or
cancellation.
Installment
Payments
Regulations regarding
installment payments and
penalties for non-compliance.
Rights and Obligations of Buyers
and Sellers
Buyers Sellers

Specific rights for non-default payment Right to appropriate interest in case of default

Obligation to provide documents and permits Obligation to transfer title upon full payment
How the MACEDA Law Affects
Real Estate Transactions

1 2

Protection Legal Compliance

It ensures protection for buyers making partial Requires sellers to comply with specific legal
payments. requirements.
Benefits of Complying with the
MACEDA Law

Fairness Transparency
Ensures Fairness Promotes Transparency
Provides an equitable arrangement for both buyers Enhances transparency in real estate transactions.
and sellers.
Common Misconceptions about
the MACEDA Law
Impact on Sellers Buyer Understanding
Some sellers are unaware of their obligations Buyers may not fully comprehend their rights
under the law. and limitations.
Conclusion and Key Takeaways

1 Protection for Buyers

Buyers are safeguarded when investing in real estate through installments.

2 Legal Compliance
Emphasizes the legal obligations and responsibilities of all parties.

3 Need for Awareness

Highlights the importance of understanding the law's provisions.