This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of Homeowners Association In The Philippines In Wake
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State:
Multi-State
County:
Wake
Control #:
US-00444
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The Securities and Exchange Commission (SEC) is the government agency responsible for regulating all types of corporations, partnerships, and associations doing business in the Philippines. It is also responsible for formulating policies and recommendations on issues concerning the Philippine market.
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.
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.
— 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.
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.
Under the law, all homeowners are qualified to join a HOA, but they are not required or mandated to be members.
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.
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Members - Every homeowner shall be qualified to be a member of the association. It discusses the name and location of the association in Article I.Homeowners associations have rules and regulations in place for a reason. Mostly, they are for community safety and structure. The document outlines the bylaws of a homeowners association. My parents' HOA has a rule that you are NOT allowed to cut down trees without a "permit" from them, at ANY time, for ANY reason. Amendment of HOA Bylaws. Amendment of HOA Bylaws. Of course it's possible. One can file suit in the United States against almost anybody for almost any reason no matter how frivolous.