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Midrise Condo: 

name
location
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name
location
floorsize
lot size

click for more One Oasis

Fact:
Section 5 of RA (Republic Act) 4726 also know as The Condominium Act:
. Any transfer or conveyance of a unit or an apartment, office or store or other space
therein, shall include the transfer or conveyance of the undivided interest in the common areas or, in a
proper case, the membership or shareholdings in the condominium corporation; Provided, however,
That were the common areas in the condominium project are held by the owners of separate units as
co−owners thereof, no condominium unit therein shall be conveyed or transferred to persons other than
Filipino citizens or corporation at least 60% of the capital stock of which belong to Filipino citizens,
except in cases of hereditary succession. Where the common areas in a condominium project are held
by a corporation, no transfer or conveyance of a unit shall be valid if the concomitant transfer of the
appurtenant membership or stockholding in the corporation will cause the alien interest in such
corporation to exceed the limits imposed by existing laws.