SB 2504

Senate·20th Congress·Filed Sep 28, 2026

Realty Installment Buyer Act

An Act Amending Republic Act No. 6552, Otherwise Known as the 'realty Installment Buyer Act'

In plain language

The bill strengthens protection for people who buy homes on a payment plan by limiting fees, giving grace periods, allowing early payoff without penalty, and requiring sellers to refund a large portion of money if the contract is cancelled.

Housing and Urban DevelopmentConsumer Protection

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Senator

Jv EjercitoReceipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

SB 1377· Filed Sep 10, 2025
Amending R.A. No. 6552 (Realty Installment Buyer Protection Act)
Pending in the committeeSen. Jv Ejercito
HB 8680· Filed Mar 18, 2026
An Act Strengthening Consumer Protection in Cases of Service Interruptions and Deficient Performance by Regulated Consumer Services
Pending with the Committee on TRADE AND INDUSTRY since 2026-05-04Rep. Kenneth T. Gatchalian
HB 7415· Filed Jan 27, 2026
An Act Providing a Mandatory Holiday Grace Period for Credit Card and Loan Payments, Prohibiting the Imposition of Late Fees, Penalty Charges, and Additional Interest During the Year-End Holiday Period, and for Other Purposes
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2026-02-02Rep. Atty. Jennifer "Karen" A. Lagbas
HB 6980· Filed Dec 18, 2025
An Act Regulating Penalties and Surcharges on Credit Cards and Loans, Providing Guidelines for Their Implementation, and for Other Purposes
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-12-22Rep. Nathaniel M. Oducado
HB 572· Filed Jun 30, 2025
An Act Providing for Limitation of Loan Interest Rates, Itemization of Loan Contracts and for Other Purposes
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-07-29Rep. Antonio L. Tinio +1

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SBN-2504 · Sources: BatasWatch