Sec. 4.
The provisions of this Act shall apply to
property divided or to be divided into condominiums
REPUBLIC ACT NO. 4726 June 18, 1966 only if there shall be recorded in the Register of
Deeds of the province or city in which the property lies
and duly annotated in the corresponding certificate of
AN ACT TO DEFINE CONDOMINIUM, ESTABLISH title of the land, if the latter had been patented or
REQUIREMENTS FOR ITS CREATION, AND registered under either the Land Registration or
GOVERN ITS INCIDENTS. Cadastral Acts, an enabling or master deed which
shall contain, among others, the following:
Sec. 1. The short title of this Act shall be "The
Condominium Act". (a) Description of the land on which the building or
buildings and improvements are or are to be located;
Sec. 2. A condominium is an interest in real property
consisting of separate interest in a unit in a (b) Description of the building or buildings, stating the
residential, industrial or commercial building and an number of stories and basements, the number of units
undivided interest in common, directly or indirectly, in and their accessories, if any;
the land on which it is located and in other common
areas of the building. A condominium may include, in
addition, a separate interest in other portions of such (c) Description of the common areas and facilities;
real property. Title to the common areas, including the
land, or the appurtenant interests in such areas, may (d) A statement of the exact nature of the interest
be held by a corporation specially formed for the acquired or to be acquired by the purchaser in the
purpose (hereinafter known as the "condominium separate units and in the common areas of the
corporation") in which the holders of separate interest condominium project. Where title to or the
shall automatically be members or shareholders, to appurtenant interests in the common areas is or is to
the exclusion of others, in proportion to the be held by a condominium corporation, a statement to
appurtenant interest of their respective units in the this effect shall be included;
common areas.
(e) Statement of the purposes for which the building
The real right in condominium may be ownership or or buildings and each of the units are intended or
any other interest in real property recognized by law, restricted as to use;
on property in the Civil Code and other pertinent laws.
(f) A certificate of the registered owner of the property,
Sec. 3. As used in this Act, unless the context if he is other than those executing the master deed,
otherwise requires: as well as of all registered holders of any lien or
encumbrance on the property, that they consent to the
(a) "Condominium" means a condominium as defined registration of the deed;
in the next preceding section.
(g) The following plans shall be appended to the deed
(b) "Unit" means a part of the condominium project as integral parts thereof:
intended for any type of independent use or
ownership, including one or more rooms or spaces (1) A survey plan of the land included in the project,
located in one or more floors (or part or parts of floors) unless a survey plan of the same property had
in a building or buildings and such accessories as previously bee filed in said office;
may be appended thereto.
(2) A diagrammatic floor plan of the building or
(c) "Project" means the entire parcel of real property buildings in the project, in sufficient detail to identify
divided or to be divided in condominiums, including all each unit, its relative location and approximate
structures thereon, dimensions;
(d) "Common areas" means the entire project (h) Any reasonable restriction not contrary to law,
excepting all units separately granted or held or morals or public policy regarding the right of any
reserved. condominium owner to alienate or dispose of his
condominium.
(e) "To divide" real property means to divide the
ownership thereof or other interest therein by The enabling or master deed may be amended or
conveying one or more condominiums therein but less revoked upon registration of an instrument executed
than the whole thereof. 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 each unit and the common areas are subject to such
thereof. The term "registered owner" shall include the easements.
registered owners of condominiums in the project.
Until registration of a revocation, the provisions of this (e) Each condominium owner shall have the exclusive
Act shall continue to apply to such property. right to paint, repaint, tile, wax, paper or otherwise
refinish and decorate the inner surfaces of the walls,
Sec. 5. Any transfer or conveyance of a unit or an ceilings, floors, windows and doors bounding his own
apartment, office or store or other space therein, shall unit.
include the transfer or conveyance of the undivided
interests in the common areas or, in a proper case, (f) Each condominium owner shall have the exclusive
the membership or shareholdings in the condominium right to mortgage, pledge or encumber his
corporation: Provided, however, That where the condominium and to have the same appraised
common areas in the condominium project are owned independently of the other condominiums but any
by the owners of separate units as co-owners thereof, obligation incurred by such condominium owner is
no condominium unit therein shall be conveyed or personal to him.
transferred to persons other than Filipino citizens, or
corporations at least sixty percent of the capital stock
of which belong to Filipino citizens, except in cases of (g) Each condominium owner has also the absolute
hereditary succession. Where the common areas in a right to sell or dispose of his condominium unless the
condominium project are held by a corporation, no master deed contains a requirement that the property
transfer or conveyance of a unit shall be valid if the be first offered to the condominium owners within a
concomitant transfer of the appurtenant membership reasonable period of time before the same is offered
or stockholding in the corporation will cause the alien to outside parties;
interest in such corporation to exceed the limits
imposed by existing laws. Sec. 7. Except as provided in the following section,
the common areas shall remain undivided, and there
Sec. 6. Unless otherwise expressly provided in the shall be no judicial partition thereof.
enabling or master deed or the declaration of
restrictions, the incidents of a condominium grant are Sec. 8. Where several persons own condominiums in
as follows: a condominium project, an action may be brought by
one or more such persons for partition thereof by sale
(a) The boundary of the unit granted are the interior of the entire project, as if the owners of all of the
surfaces of the perimeter walls, floors, ceilings, condominiums in such project were co-owners of the
windows and doors thereof. The following are not part entire project in the same proportion as their interests
of the unit bearing walls, columns, floors, roofs, in the common areas: Provided, however, That a
foundations and other common structural elements of partition shall be made only upon a showing:
the building; lobbies, stairways, hallways, and other
areas of common use, elevator equipment and shafts, (a) That three years after damage or destruction to
central heating, central refrigeration and central air- the project which renders material part thereof unit for
conditioning equipment, reservoirs, tanks, pumps and its use prior thereto, the project has not been rebuilt or
other central services and facilities, pipes, ducts, repaired substantially to its state prior to its damage or
flues, chutes, conduits, wires and other utility destruction, or
installations, wherever located, except the outlets
thereof when located within the unit. (b) That damage or destruction to the project has
rendered one-half or more of the units therein
(b) There shall pass with the unit, as an appurtenance untenantable and that condominium owners holding in
thereof, an exclusive easement for the use of the air aggregate more than thirty percent interest in the
space encompassed by the boundaries of the unit as common areas are opposed to repair or restoration of
it exists at any particular time and as the unit may the project; or
lawfully be altered or reconstructed from time to time.
Such easement shall be automatically terminated in (c) That the project has been in existence in excess of
any air space upon destruction of the unit as to render fifty years, that it is obsolete and uneconomic, and
it untenantable. that condominium owners holding in aggregate more
than fifty percent interest in the common areas are
(c) Unless otherwise, provided, the common areas are opposed to repair or restoration or remodeling or
held in common by the holders of units, in equal modernizing of the project; or
shares, one for each unit.
(d) That the project or a material part thereof has
(d) A non-exclusive easement for ingress, egress and been condemned or expropriated and that the project
support through the common areas is appurtenant to is no longer viable, or that the condominium owners
holding in aggregate more than seventy percent (5) For payment of taxes and special assessments
interest in the common areas are opposed to which would be a lien upon the entire project or
continuation of the condominium regime after common areas, and for discharge of any lien or
expropriation or condemnation of a material portion encumbrance levied against the entire project or the
thereof; or common areas;
(e) That the conditions for such partition by sale set (6) For reconstruction of any portion or portions of any
forth in the declaration of restrictions, duly registered damage to or destruction of the project;
in accordance with the terms of this Act, have been
met. (7) The manner for delegation of its powers;
Sec. 9. The owner of a project shall, prior to the (8) For entry by its officers and agents into any unit
conveyance of any condominium therein, register a when necessary in connection with the maintenance
declaration of restrictions relating to such project, or construction for which such body is responsible;
which restrictions shall constitute a lien upon each
condominium in the project, and shall insure to and
bind all condominium owners in the project. Such (9) For a power of attorney to the management body
liens, unless otherwise provided, may be enforced by to sell the entire project for the benefit of all of the
any condominium owner in the project or by the owners thereof when partition of the project may be
management body of such project. The Register of authorized under Section 8 of this Act, which said
Deeds shall enter and annotate the declaration of power shall be binding upon all of the condominium
restrictions upon the certificate of title covering the owners regardless of whether they assume the
land included within the project, if the land is patented obligations of the restrictions or not.
or registered under the Land Registration or Cadastral
Acts. (b) The manner and procedure for amending such
restrictions: Provided, That the vote of not less than a
The declaration of restrictions shall provide for the majority in interest of the owners is obtained.
management of the project by anyone of the following
management bodies: a condominium corporation, an (c) For independent audit of the accounts of the
association of the condominium owners, a board of management body;
governors elected by condominium owners, or a
management agent elected by the owners or by the (d) For reasonable assessments to meet authorized
board named in the declaration. It shall also provide expenditures, each condominium unit to be assessed
for voting majorities quorums, notices, meeting date, separately for its share of such expenses in proportion
and other rules governing such body or bodies. (unless otherwise provided) to its owners fractional
interest in any common areas;
Such declaration of restrictions, among other things,
may also provide: (e) For the subordination of the liens securing such
assessments to other liens either generally or
(a) As to any such management body; specifically described;
(1) For the powers thereof, including power to enforce (f) For conditions, other than those provided for in
the provisions of the declarations of restrictions; Sections eight and thirteen of this Act, upon which
partition of the project and dissolution of the
(2) For maintenance of insurance policies, insuring condominium corporation may be made. Such right to
condominium owners against loss by fire, casualty, partition or dissolution may be conditioned upon
liability, workmen's compensation and other insurable failure of the condominium owners to rebuild within a
risks, and for bonding of the members of any certain period or upon specified inadequacy of
management body; insurance proceeds, or upon specified percentage of
damage to the building, or upon a decision of an
arbitrator, or upon any other reasonable condition.
(3) Provisions for maintenance, utility, gardening and
other services benefiting the common areas, for the
employment of personnel necessary for the operation Sec. 10. Whenever the common areas in a
of the building, and legal, accounting and other condominium project are held by a condominium
professional and technical services; corporation, such corporation shall constitute the
management body of the project. The corporate
purposes of such a corporation shall be limited to the
(4) For purchase of materials, supplies and the like holding of the common areas, either in ownership or
needed by the common areas; any other interest in real property recognized by law,
to the management of the project, and to such other
purposes as may be necessary, incidental or (c) That the project has been in existence in excess of
convenient to the accomplishment of said purposes. fifty years, that it is obsolete and uneconomical, and
The articles of incorporation or by-laws of the that more than fifty percent of the members of the
corporation shall not contain any provision contrary to corporation, if non-stock, or the stockholders
or inconsistent with the provisions of this Act, the representing more than fifty percent of the capital
enabling or master deed, or the declaration of stock entitled to vote, if a stock corporation, are
restrictions of the project. Membership in a opposed to the repair or restoration or remodeling or
condominium corporation, regardless of whether it is a modernizing of the project; or
stock or non-stock corporation, shall not be
transferable separately from the condominium unit of (d) That the project or a material part thereof has
which it is an appurtenance. When a member or been condemned or expropriated and that the project
stockholder ceases to own a unit in the project in is no longer viable, or that the members holding in
which the condominium corporation owns or holds the aggregate more than seventy percent interest in the
common areas, he shall automatically cease to be a corporation, if non-stock, or the stockholders
member or stockholder of the condominium representing more than seventy percent of the capital
corporation. stock entitled to vote, if a stock corporation, are
opposed to the continuation of the condominium
Sec. 11. The term of a condominium corporation shall regime after expropriation or condemnation of a
be co-terminus with the duration of the condominium material portion thereof; or
project, the provisions of the Corporation Law to the
contrary notwithstanding. (e) That the conditions for such a dissolution set forth
in the declaration of restrictions of the project in which
Sec. 12. In case of involuntary dissolution of a the corporation owns of holds the common areas,
condominium corporation for any of the causes have been met.
provided by law, the common areas owned or held by
the corporation shall, by way of liquidation, be Sec. 14. The condominium corporation may also be
transferred pro-indiviso and in proportion to their dissolved by the affirmative vote of all the
interest in the corporation to the members or stockholders or members thereof at a general or
stockholders thereof, subject to the superior rights of special meeting duly called for the purpose: Provided,
the corporation creditors. Such transfer or That all the requirements of Section sixty-two of the
conveyance shall be deemed to be a full liquidation of Corporation Law are complied with.
the interest of such members or stockholders in the
corporation. After such transfer or conveyance, the
provisions of this Act governing undivided co- Sec. 15. Unless otherwise provided for in the
ownership of, or undivided interest in, the common declaration of restrictions upon voluntary dissolution
areas in condominium projects shall fully apply. 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
Sec. 13. Until the enabling or the master deed of the of attorney from all the members or stockholders to
project in which the condominium corporation owns or sell and dispose of their separate interests in the
holds the common area is revoked, the corporation project and liquidation of the corporation shall be
shall not be voluntarily dissolved through an action for effected by a sale of the entire project as if the
dissolution under Rule 104 of the Rules of Court corporation owned the whole thereof, subject to the
except upon a showing: rights of the corporate and of individual condominium
creditors.
(a) That three years after damage or destruction to
the project in which the corporation owns or holds the Sec. 16. A condominium corporation shall not, during
common areas, which damage or destruction renders its existence, sell, exchange, lease or otherwise
a material part thereof unfit for its use prior thereto, dispose of the common areas owned or held by it in
the project has not been rebuilt or repaired the condominium project unless authorized by the
substantially to its state prior to its damage or affirmative vote of all the stockholders or members.
destruction; or
Sec. 17. Any provision of the Corporation Law to the
(b) That damage or destruction to the project has contrary notwithstanding, the by-laws of a
rendered one-half or more of the units therein condominium corporation shall provide that a
untenantable and that more than thirty percent of the stockholder or member shall not be entitled to
members of the corporation, if non-stock, or the demand payment of his shares or interest in those
shareholders representing more than thirty percent of cases where such right is granted under the
the capital stock entitled to vote, if a stock corporation, Corporation Law unless he consents to sell his
are opposed to the repair or reconstruction of the separate interest in the project to the corporation or to
project, or any purchaser of the corporation's choice who shall
also buy from the corporation the dissenting member amount of any such assessment plus any other
or stockholder's interest. In case of disagreement as charges thereon, such as interest, costs (including
to price, the procedure set forth in the appropriate attorney's fees) and penalties, as such may be
provision of the Corporation Law for valuation of provided for in the declaration of restrictions, shall be
shares shall be followed. The corporation shall have and become a lien upon the condominium assessed
two years within which to pay for the shares or furnish when the management body causes a notice of
a purchaser of its choice from the time of award. All assessment to be registered with the Register of
expenses incurred in the liquidation of the interest of Deeds of the city or province where such
the dissenting member or stockholder shall be borne condominium project is located. The notice shall state
by him. the amount of such assessment and such other
charges thereon a may be authorized by the
Sec. 18. Upon registration of an instrument conveying declaration of restrictions, a description of the
a condominium, the Register of Deeds shall, upon condominium, unit against which same has been
payment of the proper fees, enter and annotate the assessed, and the name of the registered owner
conveyance on the certificate of title covering the land thereof. Such notice shall be signed by an authorized
included within the project and the transferee shall be representative of the management body or as
entitled to the issuance of a "condominium owner's" otherwise provided in the declaration of restrictions.
copy of the pertinent portion of such certificate of title. Upon payment of said assessment and charges or
Said "condominium owner's" copy need not reproduce other satisfaction thereof, the management body shall
the ownership status or series of transactions in force cause to be registered a release of the lien.
or annotated with respect to other condominiums in
the project. A copy of the description of the land, a Such lien shall be superior to all other liens registered
brief description of the condominium conveyed, name subsequent to the registration of said notice of
and personal circumstances of the condominium assessment except real property tax liens and except
owner would be sufficient for purposes of the that the declaration of restrictions may provide for the
"condominium owner's" copy of the certificate of title. subordination thereof to any other liens and
No conveyance of condominiums or part thereof, encumbrances.
subsequent to the original conveyance thereof from
the owner of the project, shall be registered unless Such liens may be enforced in the same manner
accompanied by a certificate of the management body provided for by law for the judicial or extra-judicial
of the project that such conveyance is in accordance foreclosure of mortgages of real property. Unless
with the provisions of the declaration of restrictions of otherwise provided for in the declaration of
such project. restrictions, the management body shall have power
to bid at foreclosure sale. The condominium owner
In cases of condominium projects registered under shall have the same right of redemption as in cases of
the provisions of the Spanish Mortgage Law or Act judicial or extra-judicial foreclosure of mortgages.
3344, as amended, the registration of the deed of
conveyance of a condominium shall be sufficient if the Sec. 21. No labor performed or services or materials
Register of Deeds shall keep the original or signed furnished with the consent of or at the request of a
copy thereof, together with the certificate of the condominium owner or his agent or his contractor or
management body of the project, and return a copy of subcontractor, shall be the basis of a lien against the
the deed of conveyance to the condominium owner condominium of any other condominium owner,
duly acknowledge and stamped by the Register of unless such other owners have expressly consented
Deeds in the same manner as in the case of to or requested the performance of such labor or
registration of conveyances of real property under furnishing of such materials or services. Such express
said laws. consent shall be deemed to have been given by the
owner of any condominium in the case of emergency
Sec. 19. Where the enabling or master deed provides repairs of his condominium unit. Labor performed or
that the land included within a condominium project services or materials furnished for the common areas,
are to be owned in common by the condominium if duly authorized by the management body provided
owners therein, the Register of Deeds may, at the for in a declaration of restrictions governing the
request of all the condominium owners and upon property, shall be deemed to be performed or
surrender of all their "condominium owner's" copies, furnished with the express consent of each
cancel the certificates of title of the property and issue condominium owner. The owner of any condominium
a new one in the name of said condominium owners may remove his condominium from a lien against two
as pro-indiviso co-owners thereof. or more condominiums or any part thereof by
payment to the holder of the lien of the fraction of the
Sec. 20. An assessment upon any condominium total sum secured by such lien which is attributable to
made in accordance with a duly registered declaration his condominium unit.
of restrictions shall be an obligation of the owner
thereof at the time the assessment is made. The
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 been
condemned or expropriated, the Court finds that the
conditions provided for in this Act or in the declaration
of restrictions have not been met, the Court may
decree a reorganization of the project, declaring which
portion or portions of the project shall continue as a
condominium project, the owners thereof, and the
respective rights of said remaining owners and the
just compensation, if any, that a condominium owner
may be entitled to due to deprivation of his property.
Upon receipt of a copy of the decree, the Register of
Deeds shall enter and annotate the same on the
pertinent certificate of title.
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 be independent and
severable.
Sec. 25. Whenever real property has been divided
into condominiums, each 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
condominium shall constitute a lien solely thereon.
Sec. 26. All Acts or parts of Acts in conflict or
inconsistent with this Act are hereby amended insofar
as condominium and its incidents are concerned.
Sec. 27. This Act shall take effect upon its approval.
1. What is a condominium? 7. What do not form part of the condominium
unit?
A condominium, according to the law, is an “interest in
a real property consisting of a separate interest in a In most cases, areas that are not found inside the unit
unit in a residential, industrial, or commercial building are deemed to be excluded from the unit but the
and an undivided interest in common, directly or condominium law itself lists aspects of properties that
indirectly, in the land in which it is located and in other generally do not form part of the unit. To wit: “bearing
common areas of the building.” walls, columns, floors, roofs, foundations, and other
common structural elements (e.g., lobbies, stairways,
In other words, a condominium is a building where hallways, and other common areas), elevator
sections of which can be owned individually by a equipment and shafts, central heating, central
person or, in some cases, a corporation. This can be refrigeration, and central air-conditioning equipment,
for either a residential, industrial, or commercial reservoirs, tanks, pumps, and other central services
purpose. and facilities, pipes, ducts, flutes, chutes, conduits,
wires, and other utility installations, wherever located.”
An exception to the list are those outlets that are
2. Who can own condominiums? located within the unit.
Filipino citizens and corporations can own Hallways, like other common areas, are not parts of
condominiums. Foreigners, however, are restricted to condo units and, hence, are not owned exclusively by
owning no more than 40 percent of the total and a single owner. However, these areas are owned
outstanding capital stock of a corporation, which must collectively by the condo corporation.
be Filipino-owned and controlled. In addition to that
restriction, foreigners and foreign corporations are, by
law, prohibited to own land. 8. Can I freely sell my unit?
Yes. That is not prohibited in the condominium law.
3. Who can own condominium units? When you sell your unit, however, you are not just
selling the unit itself, you are also selling your interest
Again, Filipino citizens and corporations can own in the common areas, as well as your membership
condominium units. This time, however, foreigners, by and shareholdings in the condominium corporation.
virtue of the Condominium Act, are allowed to
purchase and acquire condominium units.
9. Can I freely sell my condominium?
4. What is my stake in a condominium? Not exactly. Selling a unit may be simple, but selling a
condominium is restricted by certain rules under
As a unit owner, you are, in essence, a co-owner of the Condominium Act. One of such restrictions is the
the condominium, entitled to such privileges and ownership requirement. For condominiums where the
limited by such restrictions that may follow the title. common areas are co-owned by the owners of the
units, the law requires that the purchaser be either a
Filipino citizen or corporation—a corporation that is at
5. What forms part of a condominium unit? least 60 percent owned and controlled by Filipinos.
For condominiums owned by corporations, the sale
Everything within the boundaries of your unit forms will be deemed invalid if such a sale would result in
part of the same. According to the law, the interior the foreign interest in the corporation exceeding the
surfaces of the perimeter walls, floors, ceilings, limits prescribed by law, which in this case, is 40
windows, and doors form the boundary of your unit. percent. In other words, in both cases, the foreign
That is, of course, unless the master deed or the ownership in the purchasing corporation cannot
declaration of restrictions prescribed by the exceed 40 percent, otherwise the sale would be
condominium corporation or the administration invalid.
stipulate otherwise.
10. Can I mortgage my unit for a loan?
6. Am I allowed to alter anything beyond the
boundaries of my unit? Yes. The condominium law states that “each
condominium owner shall have the exclusive right to
Generally, no. However, if the administration allows mortgage, pledge, or encumber his condominium and
such alteration or does not prohibit the same, then to have the same appraised independently of the
you may be allowed to. A thorough read of the house other condominium owner is personal to him.”
rules or the contract would be a good idea.
11. Can the condominium corporation sell the simple majority could mean either of the two: a
condominium without my consent? majority based on per-unit ownership or a majority
based on the floor area of ownership.
As a general rule, it can. However, if the master deed
contains a requirement that the property should first For condominiums used for either residential or
be offered to the other condominium owners within a commercial purposes, the former would apply, while if
reasonable time before offering it to third parties, then it is for a mix of both purposes, it is the latter. This
it may not. requirement also stipulates that the registered owners
must be notified in advance. Evidence of a vote of a
Another restriction, however, is one that has been simple majority must also be submitted to the HLURB.
amended to the Corporation Code by Republic Act
No. 7899, which states that, as an owner, you shall
not, sell, exchange, lease, or otherwise dispose of the
common areas of a condominium without the approval
of the simple majority of the registered owners,
subject as well, to the approval of the Housing and
Land Use Regulatory Board (HLURB).
12. The Condominium Act stipulates that the
owners can sell the condominium after 50 years.
Does that mean that I will not have any say in the
sale?
No, that is not the case. Upon turnover of the unit to
you, you become a member of the corporation that
owns the condominium. Hence, your concurrence or
dissent on the matter will count. If, however, it has
been decided that the building shall be sold, then you
will be compensated your appropriate share from the
proceeds of the sale.
13. Who owns the common areas in a
condominium?
Generally, titles to the common areas are held by a
corporation formed for the purpose. However, the
condominium law also states that the common areas
are held in common by the unit holders, in equal
share for each unit.
14. What are my rights as a condominium unit
owner?
Aside from those already mentioned, the only other
right you have as a unit owner is the right to renovate
your unit, for as long as all renovations are done
within the boundaries of your unit. All restrictions on
your rights and activities are those that are stipulated
in the declaration of restrictions or on the contract you
signed upon the turnover of the unit to you.
15. I own a condominium building, and I want to
amend or revoke the master deed. May I do so
without reservation?
No. The Condominium Act states that you can only do
this upon the registration of an instrument (a formal
legal document) executed by a simple majority of the
registered owners of the property. In this case, a