Authority, publication, and registration mechanics
- Section 1 amends the last paragraph of Section 4 of Republic Act No. 4726 by requiring registration for amendments or revocations of the enabling or master deed.
- Section 1 provides that an enabling or master deed may be amended or revoked only upon registration of an instrument executed by the required majority of registered owners.
- Section 1 requires that prior notifications to all registered owners be done before amendments or revocations may proceed under the simple-majority rule.
- Section 1 requires that any amendment or revocation already decided by a simple majority of all registered owners must be submitted to the Housing and Land Use Regulatory Board and the city/municipal engineer for approval before it can be registered.
- Section 1 provides that until registration of a revocation, the provisions of the Condominium Act continue to apply to the property.
Enabling or master deed amendments
- Section 4 (as amended by Section 1 of Republic Act No. 7899) allows amendments or revocations of the enabling or master deed only upon registration of an instrument executed by a simple majority of the registered owners of the property.
- Section 1 requires a per unit of ownership basis simple majority when the condominium project is exclusively for either residential or commercial use.
- Section 1 requires a floor area of ownership basis simple majority when the project is of mixed use.
- Section 1 requires prior notifications to all registered owners before the amendment or revocation is acted upon under the simple-majority scheme.
- Section 1 requires Housing and Land Use Regulatory Board and city/municipal engineer approval for amendments or revocations already decided by a simple majority before registration.
- Section 1 maintains the applicability of the Condominium Act provisions until registration of a revocation.
Disposal of common areas by condominium corporations
- Section 16 (as amended by Section 2 of Republic Act No. 7899) bars a condominium corporation from selling, exchanging, leasing, or otherwise disposing of the common areas it owns or holds within the condominium project during its existence unless authorized by an affirmative vote of a simple majority of the registered owners.
- Section 2 requires prior notifications to all registered owners before the simple-majority authorization may be effective.
- Section 2 permits project expansion or integration with another project upon the affirmative vote of a simple majority of the registered owners.
- Section 2 conditions any expansion or integration on the final approval of the Housing and Land Use Regulatory Board.
Relationship to prior law
- Republic Act No. 7899 amends Sections 4 and 16 of Republic Act No. 4726.
- The amended rules on deed amendment/revocation and common-area disposition operate during condominium project governance under the Condominium Act framework.