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Security Bond for Condo Unit Renovation

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1bond - Security Bond for Condo Unit Renovation Empty Security Bond for Condo Unit Renovation Mon Jun 09, 2014 3:18 pm

rollyben23


Arresto Menor

Is it legal for Condo Administrators to require security bond for renovation from unit owners? As per REPUBLIC ACT NO. 4726: The Condominium Act, (e) Each condominium owner shall have the exclusive right to paint, repaint, tile, wax, paper or otherwise
refinish and decorate the inner surfaces of the walls, ceilings, floors, windows and doors bounding his
own unit.
Please advise. Thanks!

jekz

jekz
Prision Mayor

Yes as far as I know each of us signed Deed of Restriction condo administrator still have a rights na pigilan ang pag rerenovate mo if it's under the deed of restriction. They just want to maintain the beauty of our building buddy Smile

http://citylivingph.net/

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