Entries Tagged 'Condominium Act' ↓

The Condominium Act [RA 4726]

REPUBLIC ACT NO. 4726
AN ACT TO DEFINE CONDOMINIUM, ESTABLISH REQUIREMENTS FOR ITS CREATION AND GOVERNMENT OF ITS INCIDENTS.

SECTION 1. The short title of this Act shall be “The Condominium Act”.

Sec. 2. A Condominium is an interest in real property consisting of a separate interests in a unit in a residential, industrial or commercial building or in an industrial estate and an undivided interests in common, directly and indirectly, in the land, or the appurtenant interest of their respective units in the common areas.

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