What Republic Act number corresponds to the Maceda Law?

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Multiple Choice

What Republic Act number corresponds to the Maceda Law?

Explanation:
The Maceda Law is the set of protections for buyers who acquire real estate on installment terms. It is Republic Act No. 6552, enacted in 1972. This law creates safeguards for buyers against abrupt contract cancellation, outlining remedies and protections when a seller seeks to cancel due to default. Since the Maceda Law is specifically identified with RA 6552, that is the correct Republic Act number. The other numbers listed do not correspond to the Maceda Law.

The Maceda Law is the set of protections for buyers who acquire real estate on installment terms. It is Republic Act No. 6552, enacted in 1972. This law creates safeguards for buyers against abrupt contract cancellation, outlining remedies and protections when a seller seeks to cancel due to default. Since the Maceda Law is specifically identified with RA 6552, that is the correct Republic Act number. The other numbers listed do not correspond to the Maceda Law.

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