IN May of this year, the House of Representatives passed House Bill 10173, or the Condominium Redevelopment Act, which amended the nearly 60-year-old Condominium Act, Republic Act 4726. As of now, the proposed law has not advanced toward its final passage in the Senate, but it should, as it will not only boost investment in the property sector, it will have a significantly positive impact on the safety and sustainability of communities. Read the article…………………………….
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