30 Questions
What is the primary intention of a farmlot subdivision?
Agricultural production with a minimum lot area of 1,000 m²
What is the minimum lot area required for a farmlot subdivision?
1,000 m²
What is the term for a structure containing niches for the inurnment of cremated human remains?
Columbarium
What is the definition of a condominium according to RA 4726?
An interest in real property consisting of separate interest in a unit and an undivided interest in common
What is required to be recorded in the Register of Deeds of the province or city for condominium property?
A Master Deed
What is the term for the holders of separate interest in a condominium?
Shareholders
What should be included in the Master Deed according to the Act?
The description of the land and buildings involved
What is the term for the entire parcel of real property divided or to be divided into condominium units?
Condominium project
What is the purpose of the statement in the Master Deed regarding the interest acquired by the purchaser?
To clarify the ownership structure in the condominium project
What is the term for the accessories appended to a unit in a condominium project?
Accessories
Which of the following is NOT a requirement for the Master Deed?
The names and addresses of the condominium owners
What is the purpose of a condominium corporation?
To hold title to the common areas
What is the primary purpose of partitioning a tract or parcel of land in a subdivision project?
For residential purposes with or without improvements
What is the term for the act of dividing the ownership of a condominium project?
To divide
What is the purpose of the certificate of the registered owner in the Master Deed?
To consent to the registration of the Master Deed
What is the main difference between a simple subdivision and a complex subdivision?
Complex subdivision has streets and open spaces
What is the effect of recording the Master Deed in the Register of Deeds?
It establishes the condominium ownership structure
What is the current price ceiling for economic housing in the Philippines?
PHP 2,500,000
What is the short title of Republic Act No. 4726?
The Condominium Act
What is the required annotation for the Master Deed in the corresponding CERTIFICATE OF TITLE OF THE LAND?
Duly annotated
What is the minimum floor area required for socialized housing subdivision projects?
28 square meters
What is the purpose of Presidential Decree 957?
To regulate open market housing
What type of property is the Master Deed applicable to?
Properties divided or to be divided into condominiums
What is the purpose of the description of the common areas and facilities in the Master Deed?
To describe the amenities available to unit owners
What is the price ceiling for socialized housing subdivision projects set by HUDCC Resolution Number One, Series of 2018?
PHP 850,000
What is the purpose of the statement of the purposes for which the building or units are intended or restricted in the Master Deed?
To clarify the restrictions on unit use
What is the main characteristic of a complex subdivision?
It has streets and open spaces
What is the purpose of Batas Pambansa 220?
To regulate socialized housing
What is the minimum percentage of loft required in socialized housing subdivision projects?
50% of the base structure
What is the purpose of Act Number 496?
To register subdivision projects
Test your knowledge of subdivision projects, including the definition, types, and features of these residential developments. Learn about the laws and regulations governing subdivision projects in the Philippines.
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