Bill Type
Long Title
AN ACT MODIFYING THE DEFINITION OF A CONDOMINIUM UNIT, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 4726, OTHERWISE KNOWN AS THE CONDOMINIUM LAW
Date filed
July 17, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01117 |
| FULL TITLE : AN ACT MODIFYING THE DEFINITION OF A CONDOMINIUM UNIT, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 4726, OTHERWISE KNOWN AS THE CONDOMINIUM LAW |
| ABSTRACT : Proposes significant amendments to RA 4726, the Condominium Act, which will provide firms more flexibility in planning for the optional utilization of building space. Buildings and other structure within industrial estates can now be considered as COLLATERAL for loans. |
| PRINCIPAL AUTHOR/S : LIBAN, DANTE V. |
| DATE FILED : 1998-07-17 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON HOUSING AND URBAN DEVELOPMENT ON 1998-07-30 |
Abstract
Proposes significant amendments to RA 4726, the Condominium Act, which will provide firms more flexibility in planning for the optional utilization of building space. Buildings and other structure within industrial estates can now be considered as COLLATERAL for loans.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.