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Ra 7899 - "The Condominium Act"

This document summarizes amendments made to the Condominium Act (RA 4726) through new legislation (RA 7899). It lowers the threshold for amending a condominium's enabling deed from a supermajority to a simple majority of owners. It also allows condominium corporations to dispose of common areas or expand the project with the approval of a simple majority, subject to regulatory board approval. The amendments aim to make it easier to change aspects of condominium ownership and operations over time.

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0% found this document useful (0 votes)
584 views2 pages

Ra 7899 - "The Condominium Act"

This document summarizes amendments made to the Condominium Act (RA 4726) through new legislation (RA 7899). It lowers the threshold for amending a condominium's enabling deed from a supermajority to a simple majority of owners. It also allows condominium corporations to dispose of common areas or expand the project with the approval of a simple majority, subject to regulatory board approval. The amendments aim to make it easier to change aspects of condominium ownership and operations over time.

Uploaded by

Tajimi Castaño
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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RA 7899 – “THE CONDOMINIUM ACT”

REPUBLIC ACT NO. 7899

AN ACT AMENDING SECTION FOUR AND SECTION SIXTEEN OF REPUBLIC ACT


NUMBERED FOUR THOUSAND SEVEN HUNDRED TWENTY-SIX, OTHERWISE
KNOWN AS “THE CONDOMINIUM ACT”

Be it enacted by the Senate and the House of Representatives of the Philippines in


Congress assembled: SECTION 1. Section 4, last paragraph of Republic Act No. 4726
is hereby amended as follows;

“SEC 4. xxx “The enabling or master deed may be amended or revoked upon
registration of an instrument executed by a simple majority of the registered owners of
the property: Provided, That in a condominium project exclusively for either residential
or commercial use, simple majority shall be on per unit of ownership basis and that in
the case of mixed use, simple majority shall be on floor area of ownership basis:
Provided further, That prior notifications to all registered owners are done, and
Provided, finally, That any amendment or revocation already decided by a simple
majority of all registered owners shall be submitted to the Housing and Land Use
Regulatory Board and the city/municipal engineer for approval before it can be
registered. Until registration of a revocation, the provision of this Act shall continue to
apply to such property.”

SECTION 2. Section 16 of the same Act is hereby amended to read as follows:

“Sec. 16. A condominium corporation shall not, during its existence, sell,
exchange,lease or otherwise dispose of the common areas owned or held by it in the
condominium project unless authorized by the affirmative vote of a simple majority of
the registered owners: Provided, That prior notifications to all registered owners are
done: and, Provided, further, That the condominium corporation may expand or
integrate the project with another upon the affirmative vote of a simple majority of the
registered owners, subject only to the final approval of the Housing and Land Use
Regulatory Board.”

SECTION 3. Effectivity. – This Act shall take effect fifteen (15) days after its complete
publication in at least two (2) national newspapers of general circulation.

Approved:

(SGD.) EDGARDO J. ANGARA President of the Senate

(SGD.) JOSE DE VENECIA, JR. Speaker of the House of Representatives


This Act which is a consolidation of House Bill No. 12384 and Senate Bill No. 2042 was
finally passed by the House of Representatives and the Senate on February 15, 1995.

(SGD.) EDGARDO E. TUMANGAN Secretary of the Senate

(SGD.) CAMILO L. SABIO Secretary General House of Representatives

Approved: February 23, 1995

(SGD.) FIDEL V. RAMOS President of the Philippines

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