Pride Month 2023 - How you and your partner co-own a condominium?

Pride march and celebrations this 2023!

A series of pride parades will take place on June 24 at the QC Memorial Circle and will be filled with celebrations, parades, and festivals with people rejoicing and honoring the LGBTQ communities, sharing their joy, and supporting their rights this LGBT pride month.

The month of June is widely celebrated as Pride Month, commemorating the LGBTQ+ community's struggles, achievements, and the ongoing fight for equality. In this spirit, we delve into the inspiring possibilities of gay couples who embark on the exciting journey of purchasing a condominium during Pride Month.

This narrative underscores the significance of love, acceptance, and the empowerment of individuals to exercise their right to own property irrespective of their sexual orientation.

Historical Context: Progress in LGBTQ+ Rights

Apart from beautiful and extravagant pride events and parades, to better understand the significance of gay rights, it is essential to acknowledge the historical context.

Over the years, the LGBTQ+ community has fought tirelessly for their rights, including the right to love and form families.

Society has made significant strides in embracing diversity and equality, with several countries legalizing same-sex marriage and adopting comprehensive anti-discrimination laws. However, challenges persist, making accomplishments like co-ownership Philippines noteworthy.

Overcoming Hurdles: Variables Involved

The Decision to Buy a Condominium Like any major life decision, the choice to purchase a condominium is not without its challenges. For LGBTQ+ individuals, these hurdles can be further amplified by societal biases, discrimination, and the fear of rejection. Co-buying agreements are yet to be determined to create a safe and comfortable haven.

Real Estate Market Conditions

The real estate market is now more targeted at young homebuyers and co-buyers. As we celebrate Pride Month in 2023, there can be many options for gay couples and co-owners to initiate a co-buying arrangement, which is of course executed through a written contract protected by equal rights in owning a property.

Seeking Acceptance: Real Estate Agents and LGBTQ+ Friendly Spaces

Finding the right real estate agent who can help couples seek legal advice and is not only knowledgeable but also LGBTQ+ friendly is a crucial aspect of the home-buying process for same-sex couples. In this story, the couple's diligent research and perseverance led them to an agent who not only understands their unique needs but also supports their quest for equal rights. This step highlights the importance of inclusive practices within the real estate industry and the impact they can have on LGBTQ+ individuals' lives.

Navigating Legalities: Equal Rights and Protections

Another significant aspect of the journey for gay couples who want to invest in a co-owned property is navigating the legalities associated with property ownership. As of the moment, there are no laws that specifically deal with same-sex couples regarding property ownership, as the "Applicable Law in the Family Code" is premised on heterosexual couples. With increasing recognition of same-sex relationships, legal frameworks have evolved to protect LGBTQ+ couples.

Equal rights and protections enable individuals in the community to exercise their autonomy and fulfill their dreams of homeownership. It is essential to shed light on these advancements and emphasize the importance of continued progress in this regard.

What are the Philippine Laws that apply to same-sex couples in terms of property ownership?

Because marriage is not an option for the LGBT community at the moment, the Family Code cannot apply to them. There are, however, clear moves to address same-sex unions in the Philippines.

House Bill No. 6595

House Bill No. 6595 aims to harmonize these other legal rights along with the property relations of same-sex couples for co-ownership. It is still undergoing deliberations, though it is getting the appropriate attention it deserves. Such a proposed policy, of course, has to undergo the necessary process before it becomes law. It is presently being refined by removing the need for an administrative officer before a civil union may be legalized. This will allow opposite or same-sex couples to submit their partnership contract to the local civil registry without having to undergo a ceremony, distinguishing it from an actual marriage. It will also grant them the same rights as heterosexual couples with regard to properties, such as ownership, division, split ownership, and maintenance.

Moreover, a provision in the bill explicitly states that property sellers cannot refuse to sell real property to any person in a civil partnership.

Civil Union

Even if same-sex marriage is still illegal in the nation, Civil Unions might become lawful in the future if one cooperates. Thankfully, some people still think that couples of the same sex can get married because it is their right as humans who have diverse identities, sexual preferences, and genders. A proposed law would legalize civil partnerships and allow them to be practiced throughout the nation. Even though it is one of the crucial societal concerns that has to be addressed, the bill is still pending. For lovers who are part of the LGBTQ+ community and live in the Philippines, it implies that there is hope. This blog might provide you with some useful information if you haven't heard anything about civil unions.

What is a Civil Union, and how is it considered a civil rights?

A civil union is a legally recognized union of same-sex partners. Some rights equivalent to those of marriage are granted by this partnership. The same obligations that married couples of the opposite sex have come with the right to a legal partnership for two people of the same sex. While not exclusively aimed at members of the LGBTQ+ community, it was designed to provide respect and recognition for them. Some claim that creating a civil union is the first step toward developing a same-sex marriage. Even though same-sex unions are not yet legal in the Philippines, we can see that there is still potential because some government officials favor this kind of behavior.

What the future holds

Until such time that there is a clear law that protects property relations between members of the LGBT community, only ordinary contractual relations under the Civil Code will govern. However, this would not include other legal rights available to spouses or next of kin. These include the right to inherit or successional rights, custodial rights, spousal benefits, and insurance claims. A surviving same-sex partner, for example, will not be able to claim SSS or GSIS retirement benefits ordinarily available to spouses or children of the decedent. That is why it is important to still deal with a real estate attorney to establish clear guidelines on the claims.

Building a Community: Celebrating Diversity

This newfound sense of belonging and continuous progress in the Family Code through the LGBTQ movement is a testament to the power of acceptance and the positive impact it can have on an individual's overall well-being. Creating inclusive spaces allows LGBTQ+ individuals to connect with like-minded individuals, fostering a strong support system and promoting social integration.

Pride Month: A Symbolic Celebration

The timing of a gay couple's condominium purchase during Pride Month adds an extra layer of significance. Pride Month serves as a symbol of liberation, equality, and self-affirmation for the LGBTQ+ community and their LGBTQ rights. The decision to make a significant investment during this momentous time exemplifies the courage, resilience, and determination to celebrate their identities and assert their rightful place within society.

Inspiring Others: Representation and Visibility

The journey of this gay couple in purchasing a condominium during Pride Month serves as an inspiration to countless others within the LGBTQ+ community who may be facing similar challenges. Their story of resilience, love, and triumph over adversity encourages others to embrace their identity, celebrate their achievements, and pursue their dreams fearlessly.

 For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and Youtube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.