SB 235
Senate·20th Congress·Filed Jul 7, 2025
Condominium Redevelopment Act
An Act Providing for the Redevelopment of Condominiums, Amending for the Purpose Republic Act No. 4726, as Amended, Otherwise Known as 'the Condominium Act'
In plain language
The Condominium Redevelopment Act would update the 1960s Condominium Act to make it easier for owners to approve redevelopment, give tax breaks on common‑area sales, let owners receive advance payments from a sale, and set new voting and dissolution rules for condominium corporations.
Housing and Urban DevelopmentTaxationBusiness, Trade and IndustryLocal Government
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Author · Senator
Subjects
Condominium Redevelopment
Official sources
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Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-235. Status changes over time; check the link for the latest.
SBN-235 · Sources: BetterGov Open Congress, BatasWatch