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watashiwasexonolibognichan

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    Free Legal Advice

    in Legal

    Posted

     

    Suggest that you check the TCT of your warehouse property for any annotations related to the transmission line. Transmission lines are usually built on property where MERALCO has right-of-way, either by easement or by purchasing the property itself. In any case, those should be annotated to the TCT. If the TCT has no such annotations, then you can ask MERALCO for copies of whatever agreements were made at the time the power line post was erected. That would give you a better idea of how to proceed, and if there might be a need to renegotiate the original terms of MERALCO's use and access to your property.

     

    From a practical perspective, replacing the wooden pole is also a safety measure, as wooden poles degrade over time. Replacing them would be in everyone's interest, including yours as property owner. IMHO it would be best to work with MERALCO to resolve the matter than treat it as something adversarial and potentially litigious.

     

    Thank you for the answer sir

     

    additional question

     

    Meralco keeps on claiming that they made an agreement with the previous owner, but they do not have any legal document to prove it

    The lot is not annotated in the tct. nor is it owned by meralco or the government. since it is in the middle of the private property

     

    actually its really funny how meralco is the one who is rejecting the talk between us. We are not even asking any payment for the space they have occupied for years. we are merely requesting them to transfer it to the side of the wall. so that we can use that lot for a proposed warehouse

    Free Legal Advice

    in Legal

    Posted

    Legal Question

     

    Does Meralco Have the right to press charges

    if you stop them from replacing an electricity line inside your private property?

     

    Background of the Situation:

     

    We have a warehouse , at the back of our warehouse, Meralco has a transmission line there in the middle of our 1000 sqm lot. So its been 50 years already ,rent FREE and we are not able to build anything there since that post is in the middle of our lot.

    Now, they want to replace the wooden pole with a metal one. So were requesting them to move it to the side of the perimeter wall since they are going to replace it anyway. but the bosses said no. So if we stop them from replacing the pole. Can they press charges? and on what grounds? Please look at it as a property owners point of view. We are not asking them to remove it totally. we are simply asking them to move it to the side of the wall so we can develop something in that land space

     

    Thanks for everyone who will answer

    Free Legal Advice

    in Legal

    Posted

    Legal Question

     

    Does Meralco Have the right to press charges

    if you stop them from replacing an electricity line inside your private property?

     

    Background of the Situation:

     

    We have a warehouse , at the back of our warehouse, Meralco has a transmission line there in the middle of our 1000 sqm lot. So its been 50 years already ,rent FREE and we are not able to build anything there since that post is in the middle of our lot.

    Now, they want to replace the wooden pole with a metal one. So were requesting them to move it to the side of the perimeter wall since they are going to replace it anyway. but the bosses said no. So if we stop them from replacing the pole. Can they press charges? and on what grounds? Please look at it as a property owners point of view. We are not asking them to remove it totally. we are simply asking them to move it to the side of the wall so we can develop something in that land space

     

    Thanks for everyone who will answer

    Your First Million - Inspirational Stories

    in Money, Finance, Investments, Crypto, Stocks, Banking, Business, Loans

    Posted

    Been there. Minsan kelangan talaga mag-credit card kasi di pa kaya ng sweldo yung mga gastusin. Pag nag-salary increase na, mababayaran naman. I remember mine. Back in 2009 I have Php100K debt sa CC. In 2010, bumaba sa Php75K then zero na by 2011. Unti-unti nabayaran lahat. Ang benefit is tumaas credit score ko so pag nag-apply ako ng housing or car loan, I get low rates than others.

     

    Ilang months mo bago nabayaran Yung 100k sa banko ? Hindi ba dedanda ka Ng banko kasi Hindi ka makabayad

     

    At pangit na credit rating mo

    Stock Market

    in Money, Finance, Investments, Crypto, Stocks, Banking, Business, Loans

    Posted

    Just to share without sounding too presumptuous, I know times are rather bad for the stock market with the threat of a global trade war and the persistent inflation along with other economic woes like higher interest rates we are experiencing locally which had led to a sluggish movement we have been seeing for quite sometime. But I think the most powerful tool and probably the best tool the gov't has right now in its arsenal is the massive Build Build Build program which it needs to roll out more expeditiously in order to jolt new new and added vigor into our economy. Putting that into perspective, it might be opportune for everybody to take another look at POPI whose company has the leasehold rights over Manila's Tutuban Center complex. Ayala Land took over the company two years ago and many changes have taken place since then with POPI recording a financial turnaround after the Ayalas installed a new management team and implemented many new physical improvements aside from the infusion of new capital real estate assets into POPI such as the pioneering Laguna Techno Park and its new sister hub, the Cavite Techno Park and the redevelopment of POPI's existing real estate portfolio consisting of a 15 hectare warehouse complex in Calamba, Laguna and of course its crown jewel, the Tutuban Center in Downtown Manila measuring 20 hectares in its totality. The government extended POPI's lease contract over Tutuban up to the year 2039 while Ayala Land intends to redevelop the complex by reconfiguring it and increasing its current leasable floor area of 60,000 sqm by a factor of 4 within the next 5 years or so. Pedestrian visitor traffic is expected to reach 500,000 people per day by that time since Ayala's long term plan is to turn Tutuban into the country's premier land based passenger and cargo railway logistics hub with its integration into the national government's North Rail and South Rail project together with the westward expansion of LRT 2 from its current endpoint at CM Recto-Isetann station all the way to R -10 opposite the gate of Pier 4 in North Harbor which will feature additional stations located right in front of Tutuban Center-CM Recto Ave. along the way and another one at the corner of CM Recto Ave. and Asuncion St. in Downtown Manila. The financing for the North Rail segment running from Tutuban to Malolos and eventually Clark will be financed by the Japanese government through official development assistance loans and is slated for completion by the time the current President steps down from office in the year 2022 and beyond with the South Rail segment featuring lines running initially from Tutuban to Batangas City and Calamba / Los Banos in Laguna financed by the Chinese government using the same fund sourcing mode following almost the same time line with an eventual extension all the way to Legazpi, Albay in the Bicol region. Overall, the aim for POPI is to become the country's leading industrial park and real estate logistics provider with a nationwide network stretching from Luzon all the way to Mindanao specially after the company launches a new and similar 100 plus hectare industrial park in Northern Mindanao in the town of Laguindingan near the existing international airport located about 1 hour's travel time from Cagayan de Oro City in addition to another one of similar size planned for both Central Luzon and the Visayas. Having said all these, it might be important to note that Ayala purchased a controlling stake in POPI through 2 separate block sales executed at P2.25 and P2.45 per share with the stock reaching a peak of P4.10 per share recently this year and it has never returned again to the previous P2.25 / P2.45 levels mentioned since that time given the net positive recurring income flows registered from the time the new controlling entity took over the company. The current market weakness may be viewed as an advantage to pick up more POPI shares with the projected increase in recurring lease income that is likely to happen as additional floor areas are added in the months and years ahead specially with the ongoing redevelopment of Tutuban Center and the addition of new income streams from other planned sites in different areas of the country. One anecdotal tale I can share is that there is now a P10 service fee being charged by the new management of Tutuban for each and every single instance people use the comfort rooms located at their food courts as a way of minimizing the entry of freeloaders given the demographic makeup of its surrounding locality and this I believe only goes to show and highlight how conscious they are about maximizing every single peso and centavo of revenue stream they can get from their valuable real estate assets. With a mentality like this, I have no doubt that the company is in the goods hands of its able stewards who can do wonders for both existing and prospective stockholders. Another development I foresee is the decline of long distance trucking and bus companies here in Luzon as both businesses and individuals find it more cost efficient and convenient to ship goods and travel to and from areas serviced by the new and revitalized railway network the government envisions with their timely and regular schedules resulting in a corresponding and drastic reduction in the road vehicle volume and accompanying perennial traffic which we all very dearly desire and whose presence is so often the bane of modern urban living and existence.

     

    what does popi mean

    Stock Market

    in Money, Finance, Investments, Crypto, Stocks, Banking, Business, Loans

    Posted

    Just to share without sounding too presumptuous, I know times are rather bad for the stock market with the threat of a global trade war and the persistent inflation along with other economic woes like higher interest rates we are experiencing locally which had led to a sluggish movement we have been seeing for quite sometime. But I think the most powerful tool and probably the best tool the gov't has right now in its arsenal is the massive Build Build Build program which it needs to roll out more expeditiously in order to jolt new new and added vigor into our economy. Putting that into perspective, it might be opportune for everybody to take another look at POPI whose company has the leasehold rights over Manila's Tutuban Center complex. Ayala Land took over the company two years ago and many changes have taken place since then with POPI recording a financial turnaround after the Ayalas installed a new management team and implemented many new physical improvements aside from the infusion of new capital real estate assets into POPI such as the pioneering Laguna Techno Park and its new sister hub, the Cavite Techno Park and the redevelopment of POPI's existing real estate portfolio consisting of a 15 hectare warehouse complex in Calamba, Laguna and of course its crown jewel, the Tutuban Center in Downtown Manila measuring 20 hectares in its totality. The government extended POPI's lease contract over Tutuban up to the year 2039 while Ayala Land intends to redevelop the complex by reconfiguring it and increasing its current leasable floor area of 60,000 sqm by a factor of 4 within the next 5 years or so. Pedestrian visitor traffic is expected to reach 500,000 people per day by that time since Ayala's long term plan is to turn Tutuban into the country's premier land based passenger and cargo railway logistics hub with its integration into the national government's North Rail and South Rail project together with the westward expansion of LRT 2 from its current endpoint at CM Recto-Isetann station all the way to R -10 opposite the gate of Pier 4 in North Harbor which will feature additional stations located right in front of Tutuban Center-CM Recto Ave. along the way and another one at the corner of CM Recto Ave. and Asuncion St. in Downtown Manila. The financing for the North Rail segment running from Tutuban to Malolos and eventually Clark will be financed by the Japanese government through official development assistance loans and is slated for completion by the time the current President steps down from office in the year 2022 and beyond with the South Rail segment featuring lines running initially from Tutuban to Batangas City and Calamba / Los Banos in Laguna financed by the Chinese government using the same fund sourcing mode following almost the same time line with an eventual extension all the way to Legazpi, Albay in the Bicol region. Overall, the aim for POPI is to become the country's leading industrial park and real estate logistics provider with a nationwide network stretching from Luzon all the way to Mindanao specially after the company launches a new and similar 100 plus hectare industrial park in Northern Mindanao in the town of Laguindingan near the existing international airport located about 1 hour's travel time from Cagayan de Oro City in addition to another one of similar size planned for both Central Luzon and the Visayas. Having said all these, it might be important to note that Ayala purchased a controlling stake in POPI through 2 separate block sales executed at P2.25 and P2.45 per share with the stock reaching a peak of P4.10 per share recently this year and it has never returned again to the previous P2.25 / P2.45 levels mentioned since that time given the net positive recurring income flows registered from the time the new controlling entity took over the company. The current market weakness may be viewed as an advantage to pick up more POPI shares with the projected increase in recurring lease income that is likely to happen as additional floor areas are added in the months and years ahead specially with the ongoing redevelopment of Tutuban Center and the addition of new income streams from other planned sites in different areas of the country. One anecdotal tale I can share is that there is now a P10 service fee being charged by the new management of Tutuban for each and every single instance people use the comfort rooms located at their food courts as a way of minimizing the entry of freeloaders given the demographic makeup of its surrounding locality and this I believe only goes to show and highlight how conscious they are about maximizing every single peso and centavo of revenue stream they can get from their valuable real estate assets. With a mentality like this, I have no doubt that the company is in the goods hands of its able stewards who can do wonders for both existing and prospective stockholders. Another development I foresee is the decline of long distance trucking and bus companies here in Luzon as both businesses and individuals find it more cost efficient and convenient to ship goods and travel to and from areas serviced by the new and revitalized railway network the government envisions with their timely and regular schedules resulting in a corresponding and drastic reduction in the road vehicle volume and accompanying perennial traffic which we all very dearly desire and whose presence is so often the bane of modern urban living and existence.

     

    what does popi mean

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