By Junex Doronio
MANILA — Garnering 188 affirmative votes without objection, the House of Representatives has approved on third and final reading House Bill (HB) 10173, also known as the proposed Condominium Redevelopment Act.
Maharlika NuMedia gathered that the bill seeks to establish livable communities that provide equitable, inclusive and resilient opportunities for the improvement of human well-being while contributing to the economic vitality of the communities.
The bill was lodged in substitution of HB 7618 filed by San Jose del Monte City lone district Rep. Florida “Rida” Robes.
“This is meant to ensure the safety and integrity of existing and future condominium developments to protect the public against hazards of aged buildings that pose threats to the owners and the general public,” said Speaker Ferdinand Martin G. Romualdez, leader of the 300-plus members House of Representatives.
Moreover, HB 10173 establishes rules for the proper maintenance, repair, reconstruction and redevelopment of condominium projects.
“It ensures that the property rights of unit owners are respected while addressing the needs of the community and improving the overall quality of life of Filipinos,” Romualdez noted.
(el Amigo/MNM)