(a) Description of the land on which the building or buildings and improvements are or are

REPUBLIC ACT NO. 4726 June 18, 1966

to be located;
AN ACT TO DEFINE CONDOMINIUM, ESTABLISH REQUIREMENTS FOR ITS
(b) Description of the building or buildings, stating the number of stories and basements,
CREATION, AND GOVERN ITS INCIDENTS.
the number of units and their accessories, if any;
Sec. 1. The short title of this Act shall be "The Condominium Act".
(c) Description of the common areas and facilities;
Sec. 2. A condominium is an interest in real property consisting of separate interest in a
(d) A statement of the exact nature of the interest acquired or to be acquired by the
unit in a residential, industrial or commercial building and an undivided interest in
purchaser in the separate units and in the common areas of the condominium project.
common, directly or indirectly, in the land on which it is located and in other common
Where title to or the appurtenant interests in the common areas is or is to be held by a
areas of the building. A condominium may include, in addition, a separate interest in
condominium corporation, a statement to this effect shall be included;
other portions of such real property. Title to the common areas, including the land, or the
appurtenant interests in such areas, may be held by a corporation specially formed for (e) Statement of the purposes for which the building or buildings and each of the units are
the purpose (hereinafter known as the "condominium corporation") in which the holders intended or restricted as to use;
of separate interest shall automatically be members or shareholders, to the exclusion of
others, in proportion to the appurtenant interest of their respective units in the common (f) A certificate of the registered owner of the property, if he is other than those executing
areas. the master deed, as well as of all registered holders of any lien or encumbrance on the
property, that they consent to the registration of the deed;
The real right in condominium may be ownership or any other interest in real property
recognized by law, on property in the Civil Code and other pertinent laws. (g) The following plans shall be appended to the deed as integral parts thereof:
Sec. 3. As used in this Act, unless the context otherwise requires: (1) A survey plan of the land included in the project, unless a survey plan of the same
property had previously bee filed in said office;
(a) "Condominium" means a condominium as defined in the next preceding section.
(2) A diagrammatic floor plan of the building or buildings in the project, in sufficient detail
(b) "Unit" means a part of the condominium project intended for any type of independent to identify each unit, its relative location and approximate dimensions;
use or ownership, including one or more rooms or spaces located in one or more floors
(or part or parts of floors) in a building or buildings and such accessories as may be (h) Any reasonable restriction not contrary to law, morals or public policy regarding the
appended thereto. right of any condominium owner to alienate or dispose of his condominium.
(c) "Project" means the entire parcel of real property divided or to be divided in The enabling or master deed may be amended or revoked upon registration of an
condominiums, including all structures thereon, instrument executed by the registered owner or owners of the property and consented to
by all registered holders of any lien or encumbrance on the land or building or portion
(d) "Common areas" means the entire project excepting all units separately granted or thereof. The term "registered owner" shall include the registered owners of
held or reserved. condominiums in the project. Until registration of a revocation, the provisions of this Act
shall continue to apply to such property.
(e) "To divide" real property means to divide the ownership thereof or other interest
therein by conveying one or more condominiums therein but less than the whole thereof. Sec. 5. Any transfer or conveyance of a unit or an apartment, office or store or other
space therein, shall include the transfer or conveyance of the undivided interests in the
Sec. 4. The provisions of this Act shall apply to property divided or to be divided into
common areas or, in a proper case, the membership or shareholdings in the
condominiums only if there shall be recorded in the Register of Deeds of the province or
condominium corporation: Provided, however, That where the common areas in the
city in which the property lies and duly annotated in the corresponding certificate of title of
condominium project are owned by the owners of separate units as co-owners thereof,
the land, if the latter had been patented or registered under either the Land Registration
no condominium unit therein shall be conveyed or transferred to persons other than
or Cadastral Acts, an enabling or master deed which shall contain, among others, the
Filipino citizens, or corporations at least sixty percent of the capital stock of which belong
following:
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to Filipino citizens, except in cases of hereditary succession. Where the common areas in Sec. 7. Except as provided in the following section, the common areas shall remain
a condominium project are held by a corporation, no transfer or conveyance of a unit undivided, and there shall be no judicial partition thereof.
shall be valid if the concomitant transfer of the appurtenant membership or stockholding
in the corporation will cause the alien interest in such corporation to exceed the limits Sec. 8. Where several persons own condominiums in a condominium project, an action
imposed by existing laws. may be brought by one or more such persons for partition thereof by sale of the entire
project, as if the owners of all of the condominiums in such project were co-owners of the
Sec. 6. Unless otherwise expressly provided in the enabling or master deed or the entire project in the same proportion as their interests in the common
declaration of restrictions, the incidents of a condominium grant are as follows: areas: Provided, however, That a partition shall be made only upon a showing:

(a) The boundary of the unit granted are the interior surfaces of the perimeter walls, (a) That three years after damage or destruction to the project which renders material
floors, ceilings, windows and doors thereof. The following are not part of the unit bearing part thereof unit for its use prior thereto, the project has not been rebuilt or repaired
walls, columns, floors, roofs, foundations and other common structural elements of the substantially to its state prior to its damage or destruction, or
building; lobbies, stairways, hallways, and other areas of common use, elevator
equipment and shafts, central heating, central refrigeration and central air-conditioning (b) That damage or destruction to the project has rendered one-half or more of the units
equipment, reservoirs, tanks, pumps and other central services and facilities, pipes, therein untenantable and that condominium owners holding in aggregate more than thirty
ducts, flues, chutes, conduits, wires and other utility installations, wherever located, percent interest in the common areas are opposed to repair or restoration of the project;
except the outlets thereof when located within the unit. or

(b) There shall pass with the unit, as an appurtenance thereof, an exclusive easement for (c) That the project has been in existence in excess of fifty years, that it is obsolete and
the use of the air space encompassed by the boundaries of the unit as it exists at any uneconomic, and that condominium owners holding in aggregate more than fifty percent
particular time and as the unit may lawfully be altered or reconstructed from time to time. interest in the common areas are opposed to repair or restoration or remodeling or
Such easement shall be automatically terminated in any air space upon destruction of the modernizing of the project; or
unit as to render it untenantable.
(d) That the project or a material part thereof has been condemned or expropriated and
(c) Unless otherwise, provided, the common areas are held in common by the holders of that the project is no longer viable, or that the condominium owners holding in aggregate
units, in equal shares, one for each unit. more than seventy percent interest in the common areas are opposed to continuation of
the condominium regime after expropriation or condemnation of a material portion
(d) A non-exclusive easement for ingress, egress and support through the common areas thereof; or
is appurtenant to each unit and the common areas are subject to such easements.
(e) That the conditions for such partition by sale set forth in the declaration of restrictions,
(e) Each condominium owner shall have the exclusive right to paint, repaint, tile, wax, duly registered in accordance with the terms of this Act, have been met.
paper or otherwise refinish and decorate the inner surfaces of the walls, ceilings, floors,
windows and doors bounding his own unit. Sec. 9. The owner of a project shall, prior to the conveyance of any condominium therein,
register a declaration of restrictions relating to such project, which restrictions shall
(f) Each condominium owner shall have the exclusive right to mortgage, pledge or constitute a lien upon each condominium in the project, and shall insure to and bind all
encumber his condominium and to have the same appraised independently of the other condominium owners in the project. Such liens, unless otherwise provided, may be
condominiums but any obligation incurred by such condominium owner is personal to enforced by any condominium owner in the project or by the management body of such
him. project. The Register of Deeds shall enter and annotate the declaration of restrictions
upon the certificate of title covering the land included within the project, if the land is
(g) Each condominium owner has also the absolute right to sell or dispose of his patented or registered under the Land Registration or Cadastral Acts.
condominium unless the master deed contains a requirement that the property be first
offered to the condominium owners within a reasonable period of time before the same is The declaration of restrictions shall provide for the management of the project by anyone
offered to outside parties; of the following management bodies: a condominium corporation, an association of the
condominium owners, a board of governors elected by condominium owners, or a
management agent elected by the owners or by the board named in the declaration. It
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shall also provide for voting majorities quorums, notices, meeting date, and other rules (e) For the subordination of the liens securing such assessments to other liens either
governing such body or bodies. generally or specifically described;

Such declaration of restrictions, among other things, may also provide: (f) For conditions, other than those provided for in Sections eight and thirteen of this Act,
upon which partition of the project and dissolution of the condominium corporation may
(a) As to any such management body; be made. Such right to partition or dissolution may be conditioned upon failure of the
condominium owners to rebuild within a certain period or upon specified inadequacy of
(1) For the powers thereof, including power to enforce the provisions of the declarations insurance proceeds, or upon specified percentage of damage to the building, or upon a
of restrictions; decision of an arbitrator, or upon any other reasonable condition.
(2) For maintenance of insurance policies, insuring condominium owners against loss by Sec. 10. Whenever the common areas in a condominium project are held by a
fire, casualty, liability, workmen's compensation and other insurable risks, and for condominium corporation, such corporation shall constitute the management body of the
bonding of the members of any management body; project. The corporate purposes of such a corporation shall be limited to the holding of
the common areas, either in ownership or any other interest in real property recognized
(3) Provisions for maintenance, utility, gardening and other services benefiting the by law, to the management of the project, and to such other purposes as may be
common areas, for the employment of personnel necessary for the operation of the necessary, incidental or convenient to the accomplishment of said purposes. The articles
building, and legal, accounting and other professional and technical services; of incorporation or by-laws of the corporation shall not contain any provision contrary to
or inconsistent with the provisions of this Act, the enabling or master deed, or the
(4) For purchase of materials, supplies and the like needed by the common areas;
declaration of restrictions of the project. Membership in a condominium corporation,
(5) For payment of taxes and special assessments which would be a lien upon the entire regardless of whether it is a stock or non-stock corporation, shall not be transferable
project or common areas, and for discharge of any lien or encumbrance levied against separately from the condominium unit of which it is an appurtenance. When a member or
the entire project or the common areas; stockholder ceases to own a unit in the project in which the condominium corporation
owns or holds the common areas, he shall automatically cease to be a member or
(6) For reconstruction of any portion or portions of any damage to or destruction of the stockholder of the condominium corporation.
project;
Sec. 11. The term of a condominium corporation shall be co-terminus with the duration of
(7) The manner for delegation of its powers; the condominium project, the provisions of the Corporation Law to the contrary
notwithstanding.
(8) For entry by its officers and agents into any unit when necessary in connection with
the maintenance or construction for which such body is responsible; Sec. 12. In case of involuntary dissolution of a condominium corporation for any of the
causes provided by law, the common areas owned or held by the corporation shall, by
(9) For a power of attorney to the management body to sell the entire project for the way of liquidation, be transferred pro-indiviso and in proportion to their interest in the
benefit of all of the owners thereof when partition of the project may be authorized under corporation to the members or stockholders thereof, subject to the superior rights of the
Section 8 of this Act, which said power shall be binding upon all of the condominium corporation creditors. Such transfer or conveyance shall be deemed to be a full
owners regardless of whether they assume the obligations of the restrictions or not. liquidation of the interest of such members or stockholders in the corporation. After such
transfer or conveyance, the provisions of this Act governing undivided co-ownership of, or
(b) The manner and procedure for amending such restrictions: Provided, That the vote of undivided interest in, the common areas in condominium projects shall fully apply.
not less than a majority in interest of the owners is obtained.
Sec. 13. Until the enabling or the master deed of the project in which the condominium
(c) For independent audit of the accounts of the management body; corporation owns or holds the common area is revoked, the corporation shall not be
voluntarily dissolved through an action for dissolution under Rule 104 of the Rules of
(d) For reasonable assessments to meet authorized expenditures, each condominium Court except upon a showing:
unit to be assessed separately for its share of such expenses in proportion (unless
otherwise provided) to its owners fractional interest in any common areas; (a) That three years after damage or destruction to the project in which the corporation
owns or holds the common areas, which damage or destruction renders a material part
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thereof unfit for its use prior thereto, the project has not been rebuilt or repaired is granted under the Corporation Law unless he consents to sell his separate interest in
substantially to its state prior to its damage or destruction; or the project to the corporation or to any purchaser of the corporation's choice who shall
also buy from the corporation the dissenting member or stockholder's interest. In case of
(b) That damage or destruction to the project has rendered one-half or more of the units disagreement as to price, the procedure set forth in the appropriate provision of the
therein untenantable and that more than thirty percent of the members of the corporation, Corporation Law for valuation of shares shall be followed. The corporation shall have two
if non-stock, or the shareholders representing more than thirty percent of the capital stock years within which to pay for the shares or furnish a purchaser of its choice from the time
entitled to vote, if a stock corporation, are opposed to the repair or reconstruction of the of award. All expenses incurred in the liquidation of the interest of the dissenting member
project, or or stockholder shall be borne by him.

(c) That the project has been in existence in excess of fifty years, that it is obsolete and Sec. 18. Upon registration of an instrument conveying a condominium, the Register of
uneconomical, and that more than fifty percent of the members of the corporation, if non- Deeds shall, upon payment of the proper fees, enter and annotate the conveyance on the
stock, or the stockholders representing more than fifty percent of the capital stock entitled certificate of title covering the land included within the project and the transferee shall be
to vote, if a stock corporation, are opposed to the repair or restoration or remodeling or entitled to the issuance of a "condominium owner's" copy of the pertinent portion of such
modernizing of the project; or certificate of title. Said "condominium owner's" copy need not reproduce the ownership
status or series of transactions in force or annotated with respect to other condominiums
(d) That the project or a material part thereof has been condemned or expropriated and in the project. A copy of the description of the land, a brief description of the
that the project is no longer viable, or that the members holding in aggregate more than condominium conveyed, name and personal circumstances of the condominium owner
seventy percent interest in the corporation, if non-stock, or the stockholders representing would be sufficient for purposes of the "condominium owner's" copy of the certificate of
more than seventy percent of the capital stock entitled to vote, if a stock corporation, are title. No conveyance of condominiums or part thereof, subsequent to the original
opposed to the continuation of the condominium regime after expropriation or conveyance thereof from the owner of the project, shall be registered unless
condemnation of a material portion thereof; or accompanied by a certificate of the management body of the project that such
conveyance is in accordance with the provisions of the declaration of restrictions of such
(e) That the conditions for such a dissolution set forth in the declaration of restrictions of project.
the project in which the corporation owns of holds the common areas, have been met.
In cases of condominium projects registered under the provisions of the Spanish
Sec. 14. The condominium corporation may also be dissolved by the affirmative vote of Mortgage Law or Act 3344, as amended, the registration of the deed of conveyance of a
all the stockholders or members thereof at a general or special meeting duly called for condominium shall be sufficient if the Register of Deeds shall keep the original or signed
the purpose: Provided, That all the requirements of Section sixty-two of the Corporation copy thereof, together with the certificate of the management body of the project, and
Law are complied with. return a copy of the deed of conveyance to the condominium owner duly acknowledge
and stamped by the Register of Deeds in the same manner as in the case of registration
Sec. 15. Unless otherwise provided for in the declaration of restrictions upon voluntary
of conveyances of real property under said laws.
dissolution of a condominium corporation in accordance with the provisions of Sections
thirteen and fourteen of this Act, the corporation shall be deemed to hold a power of Sec. 19. Where the enabling or master deed provides that the land included within a
attorney from all the members or stockholders to sell and dispose of their separate condominium project are to be owned in common by the condominium owners therein,
interests in the project and liquidation of the corporation shall be effected by a sale of the the Register of Deeds may, at the request of all the condominium owners and upon
entire project as if the corporation owned the whole thereof, subject to the rights of the surrender of all their "condominium owner's" copies, cancel the certificates of title of the
corporate and of individual condominium creditors. property and issue a new one in the name of said condominium owners as pro-indiviso
co-owners thereof.
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 Sec. 20. An assessment upon any condominium made in accordance with a duly
project unless authorized by the affirmative vote of all the stockholders or members. registered declaration of restrictions shall be an obligation of the owner thereof at the
time the assessment is made. The amount of any such assessment plus any other
Sec. 17. Any provision of the Corporation Law to the contrary notwithstanding, the by-
charges thereon, such as interest, costs (including attorney's fees) and penalties, as such
laws of a condominium corporation shall provide that a stockholder or member shall not
may be provided for in the declaration of restrictions, shall be and become a lien upon the
be entitled to demand payment of his shares or interest in those cases where such right
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condominium assessed when the management body causes a notice of assessment to been condemned or expropriated, the Court finds that the conditions provided for in this
be registered with the Register of Deeds of the city or province where such condominium Act or in the declaration of restrictions have not been met, the Court may decree a
project is located. The notice shall state the amount of such assessment and such other reorganization of the project, declaring which portion or portions of the project shall
charges thereon a may be authorized by the declaration of restrictions, a description of continue as a condominium project, the owners thereof, and the respective rights of said
the condominium, unit against which same has been assessed, and the name of the remaining owners and the just compensation, if any, that a condominium owner may be
registered owner thereof. Such notice shall be signed by an authorized representative of entitled to due to deprivation of his property. Upon receipt of a copy of the decree, the
the management body or as otherwise provided in the declaration of restrictions. Upon Register of Deeds shall enter and annotate the same on the pertinent certificate of title.
payment of said assessment and charges or other satisfaction thereof, the management
body shall cause to be registered a release of the lien. Sec. 24. Any deed, declaration or plan for a condominium project shall be liberally
construed to facilitate the operation of the project, and its provisions shall be presumed to
Such lien shall be superior to all other liens registered subsequent to the registration of be independent and severable.
said notice of assessment except real property tax liens and except that the declaration
of restrictions may provide for the subordination thereof to any other liens and Sec. 25. Whenever real property has been divided into condominiums, each
encumbrances. condominium separately owned shall be separately assessed, for purposes of real
property taxation and other tax purposes to the owners thereof and the tax on each such
Such liens may be enforced in the same manner provided for by law for the judicial or condominium shall constitute a lien solely thereon.
extra-judicial foreclosure of mortgages of real property. Unless otherwise provided for in
the declaration of restrictions, the management body shall have power to bid at Sec. 26. All Acts or parts of Acts in conflict or inconsistent with this Act are hereby
foreclosure sale. The condominium owner shall have the same right of redemption as in amended insofar as condominium and its incidents are concerned.
cases of judicial or extra-judicial foreclosure of mortgages.
Sec. 27. This Act shall take effect upon its approval.
Sec. 21. No labor performed or services or materials furnished with the consent of or at
the request of a condominium owner or his agent or his contractor or subcontractor, shall Approved: June 18, 1966
be the basis of a lien against the condominium of any other condominium owner, unless
such other owners have expressly consented to or requested the performance of such
labor or furnishing of such materials or services. Such express consent shall be deemed
to have been given by the owner of any condominium in the case of emergency repairs of
his condominium unit. Labor performed or services or materials furnished for the common
areas, if duly authorized by the management body provided for in a declaration of
restrictions governing the property, shall be deemed to be performed or furnished with
the express consent of each condominium owner. The owner of any condominium may
remove his condominium from a lien against two or more condominiums or any part
thereof by payment to the holder of the lien of the fraction of the total sum secured by
such lien which is attributable to his condominium unit.

Sec. 22. Unless otherwise provided for by the declaration of restrictions, the management
body, provided for herein, may acquire and hold, for the benefit of the condominium
owners, tangible and intangible personal property and may dispose of the same by sale
or otherwise; and the beneficial interest in such personal property shall be owned by the
condominium owners in the same proportion as their respective interests in the common
areas. A transfer of a condominium shall transfer to the transferee ownership of the
transferor's beneficial interest in such personal property.

Sec. 23. Where, in an action for partition of a condominium project or for the dissolution
of condominium corporation on the ground that the project or a material part thereof has
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