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a. Single-Occupancy Unit
Minimum Floor Area - 18.00 sq.m CONDOMINIUM
Shall mean an interest in real property consisting
Net Floor Area of 12.00 sq.m. may be allowed of a separate interest in a unit in a residential,
provided that: industrial or commercial building and an undivided
a.1. Intended for. students, employees, or workers interest in common directly or indirectly, in the
Provided that the condominium project to which these land on which it is located and in other common
will be integrated is within highly urbanized areas. areas of the building.
a.2. The same shall be provided with common basic CONDOMINIUM PROJECT
facilities such as laundry/drying area and support Means the entire parcel of real property divided or
amenities such as visitor's lounge and dining area tobedividedincondominium,includingall
structures thereon
a.3. Said facilities/support amenities including all
CONDOMINIUM UNIT
other measures that will ensure compliance with the
Means a part of the condominium project intended
intendeduseoftheunitshallbeexplicitly
for any type of independent use or ownership,
indicated in the master deed/ contract to sell.
including one or more floors (or part or parts of
floors)inabuildingorbuildingsandsuch
b. Family Dwelling Unit
accessories as may be appended thereto
Minimum Floor Area
Open Market - 36.00 sq.m. DEALER
Medium Cost - 22.00 sq.m. Shall mean any person directly engaged as principal
in the business of buying, selling or exchanging
SEC 3. CONVERSION OF EXISTING STRUCTURES TO real estate whether on full time or part-time basis.
CONDOMINIUM PROJECTS
BULK BUYER
Existing structures may be converted into Shall mean any person who acquires a lot or a
condominium projects upon proper application there portion of the subdivision and who, with or without
for with the Board of compliance with requirements re-subdividing or introducing housing or other
of condominium laws and these rules and standards. facilities, sells the same, under its previous
license to sell or in a new license to sell in his
SEC 4. VARIANCES name to the public.
These design standards and requirements may be
modified or varied by the Board. DECREE
1. The location is unique and different from the Shall mean Presidential Decree No. 957 otherwise
adjacent locality, and because of its uniqueness, known as “The Subdivision and Condominium Buyer's
the owners cannot obtain a reasonable return on the Protective Decree.”
residential subdivision/condominium projects
MEDIUM COST AND OPEN MARKET
Refers to housing projects where prices of house
2. The hardship is not self-created;
and lot packages are within the suggested price
ranges as determined through HUDCC resolution and
falling under the standards prescribed in these
rules
OPEN SPACE
Shall refer to an area reserved exclusively for
parks,playgrounds, recreational uses, schools,
roads, places of worship, hospitals, health centers,
barangay centers and other similar facilities and
amenities.
PROJECT
Means the entire parcel of real property divided or
to b e d i v i d e d i n c o n d ominiums, including all
structures thereon.
Laundry
Drying Area
Storage