Master RA 4726 (The Condominium Act). Learn about condominium ownership structure, master deed requirements, foreign ownership restrictions, common area rules, condominium corporations, and assessment liens. explained in plain language with real-world scenarios.
Understand the legal definition of a condominium under RA 4726. the dual-interest concept of separate unit ownership plus undivided interest in common areas, and key terminology.
Learn what must be in a condominium enabling or master deed under RA 4726, how it is registered, and the requirements for amending or revoking it.
Learn about condominium ownership rights under RA 4726 including unit boundaries, exclusive rights, and the critical 60-40 foreign ownership restriction on condominium purchases.
Understand why common areas cannot be divided, and the strict conditions under which a condominium project can be partitioned and sold as a whole under RA 4726.
Learn about the condominium corporation under RA 4726. its purpose, membership rules, management powers, term, and the strict conditions for its dissolution.
Understand how condominium assessments work under RA 4726, how unpaid dues become liens on units, the lien priority rules, and the separate tax assessment principle.