For Sellers

Privacy Policy

By signing the Reservation Agreement, Contract to Sell, Deed of Absolute Sale, or any other document referencing this Policy, or by otherwise providing your personal data to I-Land, you acknowledge and agree that you have read and understood this Policy and that you consent to the processing of your personal data in accordance with this Policy.

 

PRIVACY NOTICE

ISOC LAND, INC. (“I-Land”) respects the privacy of your personal data and processes data in compliance with the Data Privacy Act of 2012 (Republic Act No. 10173) and its Implementing Rules and Regulations (collectively, the “DPA”). This Policy explains what personal data is collected by I- Land in connection with the reservation, transfer, and sale of its condominium units and parking units in I-Land Residences Sucat; how such data is used, shared, stored, and retained; and your rights as a data subject.

DATA WE COLLECT

Depending on your role in the transaction (buyer, authorized representative, etc.), I-Land may collect certain personal information and sensitive personal information, including the following:

  • Identification details, such as full name, sex, birthdate, place of birth, civil status, and citizenship;
  • Government-issued ID’s;
  • Contact details, such as residential, business, and mailing addresses, mobile and landline numbers, and email address;
  • Employment and financial information, such as income and source of funds; and
  • Photo and specimen signatures.

HOW WE PROCESS YOUR DATA

I-Land processes your data for any of the following purposes:

  • For due diligence purposes, to verify your identity and the information you have provided; conduct credit investigations/risk assessment; and to comply with Know-Your-Customer requirements;
  • For maintenance of I-Land’s records and to ensure that your contact details and billing address are up to date;
  • In connection with the contract(s) between you and I-Land and the performance of I-Land’s obligations thereunder, including to communicate any advisories, changes, and other information relevant to such contracts and to be able to respond to and/or address your queries, complaints, and requests;
  • In connection with financing arrangements that I-Land and/or you may respectively apply for and/or obtain from banks and other lending/financing institutions, including for purposes related to the evaluation, documentation, implementation, servicing, and enforcement of such financing arrangements; and
  • Such other purposes as may be required or necessary in connection with I-Land’s legitimate business purposes and to comply with applicable laws.

SECURITY

I-Land implements reasonable and appropriate organizational, physical, and technical security measures to protect your data. These measures include restricted access to physical and electronic records, confidentiality undertakings by personnel who handle your data, a data sharing agreement with third party providers handling your data, and periodic review of I-Land’s data protection practices.

RETENTION AND DISPOSAL

Your data is kept only for as long as necessary, to fulfill the purposes for which it was collected, or as required by applicable law, whichever is longer. As a general guide: transaction and KYC records are retained for at least five (5) years from the termination or completion of the transaction, in line with anti-money laundering requirements; and financial and tax-related records are retained for at least ten (10) years, in line with applicable tax regulations. Data no longer required for these purposes shall be disposed of or anonymized in a secure manner.

YOUR RIGHTS

You have the following rights under the DPA:

  • Be informed of how your personal data is being processed
  • Reasonable access to your personal data
  • Object to the processing of your personal data
  • Request for correction of any inaccuracy or error in your personal data
  • Order the blocking, removal or destruction of your personal data that is incomplete, outdated, false, unlawfully obtained, used for unauthorized purposes or is no longer necessary for the purposes for which they were collected
  • Be indemnified for any damages sustained due to such inaccurate, incomplete, outdated, false, unlawfully obtained or unauthorized use of personal information
  • File a complaint with the National Privacy Commission

UPDATES TO THIS POLICY

I-Land may update this Policy from time to time to reflect changes in its data processing practices or in accordance with applicable law. The updated Policy will be posted on I-Land’s official website and/or made available at its sales offices, with the effective date indicated therein. Continued engagement with I-Land after such updates constitutes acknowledgment and acceptance of the revised Policy, without prejudice to obtaining fresh consent where required by law.

HOW TO REACH I-LAND

For questions, concerns, or requests relating to this Policy, or to exercise your rights as a data subject, please contact I-Land’s Data Protection Officer at dpo@isocholdings.com

 

Postal Address:

23/F The Glaston Tower, Ortigas Avenue corner E. Rodriguez Avenue, Barangay Ugong, 1604, Pasig City, Philippines

Telephone Number:

02-8860-4762 (Local 1006)

E-mail Address:

dpo@isocholdings.com 

 

ISOC Land, Inc. NPC COR