Bylaws Of Homeowners Association In The Philippines In Kings

State:
Multi-State
County:
Kings
Control #:
US-00444
Format:
Word; 
Rich Text
Instant download

Description

The Bylaws of homeowners association in the Philippines in Kings outline the governance structure and operational procedures of the corporation. They establish essential components, including the name and location of the corporation, the rules for shareholder meetings, and the responsibilities of the Board of Directors and officers. Important features include provisions for annual and special meetings, notice requirements, quorum specifications, and voting rights, ensuring transparency and participation among shareholders. The bylaws provide guidance on appointment and removal of officers, handling proxies, and the transfer of shares, promoting an organized management approach. This form is particularly useful for attorneys, partners, and associates involved in the administration of homeowners associations, as it clarifies the processes required for decision-making and compliance with legal standards. Paralegals and legal assistants benefit from these bylaws by having a structured document that can aid in organizing meetings and maintaining compliance with statutory requirements, ultimately serving the legal and operational needs of homeowners associations.
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FAQ

"Association" refers to the homeowners' association which is a nonstock, nonprofit corporation registered with the Housing and Land Use Regulatory Board (HLURB), or one previously registered with the Home Insurance Guarantee Corporation (now Home Guaranty Corporation) or the Securities and Exchange Commission (SEC), ...

SECTION 37. Association officers - Unless otherwise provided in the by-laws, an Association should have the following executive officers who shall be responsible for the management of the Association's business: president, vice-president, secretary, treasurer and auditor.

REGISTRATION OF HOMEOWNERS' ASSOCIATION As far as practicable, only one (1) homeowners' association shall be established and registered with Housing and Land Use Regulatory Board (HLURB) in each subdivision. It is mandatory for all associations to register solely with the HLURB.

— Every association of homeowners shall be required to register with the HLURB. This registration shall serve to grant juridical personality to all such associations that have not previously acquired the same by operation of the General Corporation Law or by any other general law.

The Housing and Land Use Regulatory Board (HLURB), now part of the Department of Human Settlements and Urban Development (DHSUD), is the primary regulatory body overseeing homeowners' associations in the Philippines. One option for seeking redress is to file an administrative complaint with the DHSUD.

In homeowners association cases, the Complaint shall be filed in the RAB which has jurisdiction over the region where the association is registered with the DHSUD.

PhilSys Registry Office (PRO) ANTI RED TAPE AUTHORITY (ARTA) CONTACT CENTER NG BAYAN (CCB) PRESIDENTIAL COMPLAINT CENTER (PCC) 8888 CITIZENS' COMPLAINT CENTER.

Republic Act No. 8763 (March 7, 2000) transferred the powers of the Home Guaranty Corporation (HGC) over concerned Homeowners Association (HOAs) to HLURB. The Housing and Land Use Regulatory Board (HLURB) is government's regulatory body for housing and land development.

HOA bylaws are legal documents that revolve around operational issues, mainly pertaining to the board of directors. They're the specific rules that explain how an HOA runs on a daily basis. Within the bylaws, you'll find information about: Board member election processes.

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Bylaws Of Homeowners Association In The Philippines In Kings