- The Condominium Corporation is set up for purpose of managing the affairs of the Condominium project, together with the building and improvements developed after the Developer has turned over the project. This is pursuant to the provisions of the Condominium Act, as amended and PD 957.
- The Condominium Corporation shall also be formed and organized to hold title to the Common Areas of Phase I of the Project to exercise the powers and duties vested in it by law, Articles of Incorporation and By-Laws. All the properties, business and affairs of the Condominium Corporation shall be managed and administered by the Board of Directors whose powers, functions and duties shall be specified in and governed by the Articles of Incorporation and By-Laws.
- Among its other powers and duties, the Condominium Corporation shall be responsible for maintaining and administering the Common Areas and Central Facilities, enforcing and administering this MDDR, levying and collecting Dues, promulgating House Rules and such other rules and regulations as may be necessary, and acquiring and holding for the benefit of the Condominium Unit Owners, personal property with the power to dispose or encumber the same subject to applicable requirements of law.
- In addition, Primavera Condominium Corporation shall be a member of the Pueblo de Oro Residents and Locators Association (PORTAL), the mother association in Pueblo de Oro, which manages the operation and maintenance of the Township’s Common Areas and Central Facilities.
