License to Sell (LTS) - Definition & Meaning | Real Estate Glossary Philippines | Housal | Housal
Government & Regulations

License to Sell (LTS)

DHSUD permit allowing developers to sell property

Definition

A License to Sell is a permit issued by DHSUD allowing developers to sell subdivision lots or condominium units. Without an LTS, developers cannot legally sell properties. Always verify a project's LTS before buying, especially for preselling properties.

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