LRA CIRCULAR NO. 25, August 15, 1990
REGISTRATION OF CONDOMINIUM PROJECTS
some registries of deeds of requiring condominium owners, dealers or
developers prior to the registration of the enabling or master deed and
the declaration of restrictions, a certificate of registration and
license to sell from the Housing and Land Use Regulatory Board (HLURB).
On the other hand, an applicant for registration and licensing of a
condominium project is required by HLURB to submit, together with his
application, the master deed and declaration of restrictions duly
registered in the office of the Register of Deeds.
Since registration and licensing of a condominium project with HLURB
presupposes that the project already exists and under Section 4 of the
Condominium Act (R.A. No. 4726) a condominium project is constituted by
the recording in the Register of Deeds and annotation on the
corresponding certificate of title of the enabling or master deed, while
Section 9 of the Act requires the registration of the declaration of
restrictions prior to the conveyance of any condominium unit, it is
directed that in the recording of the master deed and the declaration of
restrictions the certificate of registration and license to sell from
HLURB need not be required. Submission of said documents duly certified
by HLURB per NLTDRA (LRC) Circular No. 73, dated 7 March 1986, should,
however, be required before the conveyance of any condominium unit is
registered.
Strict compliance herewith is hereby enjoined.
Adopted: 15 August 1990
(SGD.) TEODORO G. BONIFACIO
Administrator