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Articles Of Incorporation Condominium Association
"I need Articles of Incorporation Condominium Association for a new 50-unit mixed-use development in Makati City, Philippines, launching in March 2025, with specific provisions for managing both residential and commercial units, plus incorporation of green building standards and sustainability committees."
1. Article I - Corporate Name: States the official name of the condominium association corporation
2. Article II - Principal Office: Specifies the complete address of the corporation's principal office
3. Article III - Purpose: Details the primary and secondary purposes of the condominium association
4. Article IV - Term of Existence: Specifies the duration of the corporation's existence (typically perpetual)
5. Article V - Incorporators: Lists the names, nationalities, and addresses of incorporators
6. Article VI - Directors: Names the initial board of directors, their nationalities, and addresses
7. Article VII - Capital Structure: Details the capital structure, including the value of common areas and individual units
8. Article VIII - Membership: Defines membership criteria, rights, and obligations of unit owners
9. Article IX - Board of Directors: Outlines the composition, powers, and duties of the board
10. Article X - Officers: Specifies the officers, their qualifications, duties, and terms
11. Article XI - Meetings: Details procedures for regular and special meetings of members and the board
12. Article XII - Amendments: Procedures for amending the Articles of Incorporation
1. Article on Special Provisions: Additional provisions specific to unique features or requirements of the condominium project
2. Article on Dissolution: Specific procedures for dissolution if not covered in general provisions
3. Article on Dispute Resolution: Specific procedures for handling disputes between members or with the association
4. Article on Special Assessments: Procedures for implementing special assessments for major repairs or improvements
5. Article on Subsidiary Units: Provisions for commercial units or other special-purpose areas within the condominium
6. Article on Environmental Provisions: Special provisions for green building initiatives or environmental compliance
1. Schedule A - Property Description: Detailed technical description of the condominium property and common areas
2. Schedule B - Unit Schedule: List of all units with their respective floor areas and participation quotas
3. Schedule C - Initial Rules and Regulations: Initial set of rules and regulations for the condominium corporation
4. Schedule D - Common Area Allocation: Detailed breakdown of common areas and their allocation
5. Schedule E - Initial Budget: Projected first-year budget and assessment schedule
6. Appendix 1 - Property Plans: Certified true copies of condominium plans and technical descriptions
7. Appendix 2 - Certification of Title: Copy of land title and relevant property documents
8. Appendix 3 - Government Approvals: Copies of relevant government permits and approvals
Authors
Real Estate Development
Property Management
Construction
Corporate Services
Legal Services
Residential Property
Commercial Property
Mixed-Use Development
Urban Development
Housing and Settlement
Legal
Real Estate Development
Property Management
Corporate Secretariat
Compliance
Operations
Facilities Management
Project Management
Corporate Affairs
Administrative Services
Property Developer
Real Estate Attorney
Corporate Secretary
Property Manager
Condominium Manager
Real Estate Development Director
Compliance Officer
Corporate Lawyer
Real Estate Operations Manager
Board Director
Association Manager
Facilities Manager
Real Estate Project Manager
Legal Counsel
Corporate Governance Officer
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