Dear PAO,

My wife and I bought a parcel of land in a subdivision which was payable in monthly installments. We started paying in January 2023. Unfortunately, we failed to pay the remaining balance because of the steep hospital bills we have incurred when our son was hospitalized due to a car accident. Hence, our last installment payment was made in October 2024. We asked the developer for a grace period to pay, but we were only given a 30-day grace period. We intend to continue paying the balance, however, as a safety measure, we asked the developer to issue the title to the land before we pay the remaining balance to which the developer refused. Can the developer refuse to issue the title before the payment of the remaining balance? Also, do we have a right to demand an extension of the given grace period?