Group 1

RE ELECTIVE 5

OPERATIVE ACT FOR

CONDOMINIUM
BACHELOR OF SCIENCE IN
R E A L E S T AT E M A N A G E M E N T

By ALMIE ROSE CANETE, AYNE HEINRICH ELVINA,

JOEL BON ABAD, MARY ARIADNE CUNANAN
CONTENTS OF MASTER
DEEDS
Contents of master deed are:
a. Technical description of the land.
b. Description of the building (number of story’s) and
condominium units.
c. Description of the common areas and facilities.
01
d. Interests acquired by unit buyers.
e. Purposes for which the building and units are to be used.
f. Certification by the landowner, if he is other than the party
executing the master deed that he is
02 to the registration of the master deed on his title.
g. agreeable
g. Annexes: land survey plan and building diagrammatic
floor plan.
CONTENTS OF MASTER
DEEDS
02
While the general structure of master deeds remains consistent, the specific details and
contents can vary depending on several factors, including:

Location: Legal requirements and regulations related to condominiums differ globally and
even within individual countries. The specific geographical location of the project will
influence the content of the master deed.

Project specifics: The size, type, and complexity of the condominium project can affect
the details included in the master deed. Smaller projects might have less elaborate
02
documents, while large or mixed-use developments might require more specific clauses.
Developer preferences: Different developers might have their own preferred approaches
and standards reflected in the master deed.
Considering these factors, here are some specific examples of content you might find in a
master deed, beyond the general structure mentioned earlier:
CONTENTS OF MASTER
DEEDS
Unit Types and Allocations:
• Description of different unit types
(e.g., studios, apartments, penthouses) and their allocation
within the project.
• Definition of "exclusive use areas" beyond individual units, such
04
as balconies, parking spaces, or storage lockers.
• Allocation of common areas like amenities, gardens, and
parking spaces to specific units or groups of units.
Use Restrictions and Regulations:
02
• Specific limitations on unit use, such as noise
levels, permissible activities, guest policies, and pet ownership.
• Detailed rules on using common areas, including access
limitations, reservation procedures, and conduct guidelines.
• Regulations on modifications or alterations within individual
units.
Financial Management:
• Specific breakdown of fees and assessments charged to unit
owners, including their purposes and calculations.
• Procedures for collecting fees and penalties for late payments.
• Rules for budgeting, financial reporting, and reserve funds
management by the homeowners' association (HOA).
05
Governance and Administration:
• Detailed description of the HOA's structure, including the
election process, roles, and responsibilities of the board of
directors and other officers.
• Procedures for holding meetings, voting, and adopting
resolutions within the HOA.
• Dispute resolution mechanisms for addressing disagreements
between unit owners, the HOA, or the developer.
Additional Provisions:

common areas.
06
• Clauses addressing insurance requirements for individual units and

• Procedures for amending the master deed, often requiring specific

owner approval thresholds.
• Termination clauses outlining conditions under which the
condominium project can be dissolved.
• Data privacy and security provisions related to collecting and
managing unit owner information.
Remember: This list is not exhaustive, and the specific content of a
master deed can be quite complex. It's crucial to consult the specific
document and, if necessary, seek legal advice to understand its
implications and your rights and obligations as a unit owner.
 CONTENTS OF DEED OF
RESTRICTION 07
Developer preferences: Different developers might have their own preferences and
standards reflected in the Deed of Restriction.
However, some commonalities exist in the general structure and potential content of
Deeds of Restriction, which typically aim to maintain order and harmony within the
community. Here are some specific examples you might find:
Use Restrictions and Regulations:
• Unit Use: Specific limitations on activities within individual units, including noise
levels, permissible activities, guest policies, and pet ownership.
• Common Area Use: Detailed rules on using shared spaces like amenities, gardens, and
parking spaces, including access limitations, reservation procedures, and conduct
guidelines.
• Restrictions on Alterations: Regulations on modifications or alterations within individual
 CONTENTS OF DEED OF
RESTRICTION
Maintenance and Operations:
08
• Maintenance Responsibilities: Specific division of responsibilities for maintaining
individual units and common areas. This might clarify which repairs owners handle and
which fall under the HOA's purview.
• Access for Maintenance: Grants authorization for necessary maintenance work within
units and common areas, outlining appropriate procedures and communication protocols.
• Compliance with Standards: Establishes quality standards for maintenance and
repairs, ensuring a well-maintained environment for all residents.
 CONTENTS OF DEED OF
RESTRICTION
Additional Provisions:
09
• Parking Regulations: Specific rules governing parking spaces, including allocation, guest
parking, and vehicle restrictions.
• Waste Management: Guidelines for proper waste disposal, recycling, and garbage
collection procedures.
• Safety and Security: Rules regarding security measures, emergency protocols, and
access control within the community.
• Pet Regulations: Detailed guidelines on pet ownership, including breed restrictions, leash
requirements, and waste disposal responsibilities.
Remember: This list is not exhaustive, and the specific content of a Deed of Restriction can be quite complex. It's crucial to consult the specific document and, if
necessary, seek legal advice to understand its implications and your rights and obligations as a resident.
Additionally, while the Master Deed defines the overall structure and ownership of the condominium project, the Deed of Restriction focuses primarily on
regulations governing daily life and how residents utilize the shared spaces and facilities.
THANK YOU