HOA.REG.0002 Articles of Incorporation

HLUBR HOA articles of incorporation for regular registration

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ARTICLES OF INCORPORATION
OF
____________________________________________
(Name of Association)

KNOW ALL MEN BY THESE PRESENTS:

THAT THE UNDERSIGNED, whose names are stated herein and residents of the
Philippines, have this day voluntarily associated ourselves for the purpose of forming a nonstock, non-profit association, under the laws of the Republic of the Philippines, particularly
Republic Act No. 9904, otherwise known as “Magna Carta for Homeowners and
Homeowners Associations”.

AND HEREBY CERTIFY:

FIRST:
That
the
name
of
said
homeowners
association
shall
be
_________________________________________________________________________
___________________________________________________________;
SECOND: That the purposes for which the said association is formed are as follows:

1. To construct, manage, maintain and operate adequate facilities and services for its
members;
2. To initiate and organize socio-cultural projects and activities to awaken community
consciousness and belonging;
3. To promote, enhance and foster the development and improvement of the quality of
life of the members through livelihood projects and other economic activities;
4. To acquire, accept donations, purchase, own, hold, develop, lease, mortgage,
pledge, exchange, sell, transfer or otherwise invest, deal in or trade, in any manner
permitted by law and the rules and regulations of government regulatory or licensing
agencies, real and personal property of every kind and description, or any interest
therein, as may be necessary for the accomplishment of the purposes of the
association;
5. To borrow and otherwise contract indebtedness and issue notes, bonds and other
evidence of indebtedness and to secure payment therefore by mortgage, pledge or
deed of trust, or through encumbrances on any and all of its then-owned or afteracquired real or personal properties and assets as may be permitted by law;
6. To enter into, make, perform and carry out, or cancel and rescind contracts of every
kind and for any lawful purpose with any person, firm, association, corporation,
syndicate, domestic or foreign, or others; and

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HOA.REG.0002.01

7. To do and perform any other acts and things, and to have and exercise any other
powers, which may be necessary, convenient and appropriate to accomplish the
purpose for which the association is organized.
THIRD: That the address of the principal office of the Association is
_________________________________________________________________________
_____________________________________________________________.
FOURTH: That the term for which the said Association is to exist is FIFTY (50) YEARS from
and after the date of its incorporation, and may be extended for another fifty (50) years.
FIFTH: That the names, citizenship, and residences of the incorporators of said association
are as follows:
NAME

CITIZENSHIP

RESIDENCE

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

SIXTH: That the number1 of directors/trustees of the association shall be
________________ (___) and the names, citizenship, and residences of the
directors/trustees of said association are as follows:
1

Shall not be less than five (5) nor more than fifteen (15) directors or trustees pursuant to Section 17 [f], Rule
4 of the IRR of RA 9904.
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HOA.REG.0002.01

NAME

CITIZENSHIP

RESIDENCE

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

____________________

_______________

_____________________________

SEVENTH: That the incorporators and directors/trustees (and officers) named herein, and
those persons/officers whose names are included in the list of members/officers attached
hereto, are members of this association. Additional members may be admitted in
accordance with the By-Laws and whose names shall be submitted to the Housing and Land
Use Regulatory Board (HLURB) annually;

EIGHTH: That the association shall be maintained by fees, dues, assessments, or charges
paid by its members subject to review and approval by HLURB and other income as the
association may derive from the pursuit of its livelihood and economic activities, as well as
voluntary contributions, donations, or loans from persons, partnerships, corporations, and
other entities;
NINTH:
That
the
initial
operating
capital
of
_______________________PESOS contributed by the following:

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the

association

is

HOA.REG.0002.01

NAME

AMOUNT

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

TENTH: That ___________________________ has been duly elected by the members of
the Board as Treasurer of the association to act as such until his/her successor is duly
elected and qualified in accordance with the By-Laws, and that as such Treasurer, he/she
has been authorized to receive for and in the name and for the benefit of the association, all
fees, contribution, income, or donations paid or given by the members or acquired from other
entities/sources.

IN WITNESS WHEREOF, we the incorporators have hereunto set our hands this
___________day of ______________________________, in the year of our Lord 20____
at______________________________________________, Philippines.

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

______________________________

SIGNED IN THE PRESENCE OF:
______________________________

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______________________________

HOA.REG.0002.01

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES)
CITY / PROVINCE OF _______________) S.S.
BEFORE ME, a Notary Public for and in ____________________ this _____ day of
_________________, 20____, personally appeared:

NAME
_________________
_________________
_________________
_________________
_________________
_________________
_________________

TAX IDENTIFICATION
NUMBER
________________
________________
________________
________________
________________
________________
________________

VALID ID
NUMBER
________
________
________
________
________
________
________

DATE/ PLACE
ISSUED
______________
______________
______________
______________
______________
______________
______________

known to me and to me known to be the same persons who executed the foregoing Articles
of Incorporation and who acknowledged to me that the same is their own free and voluntary
act and deed.
WITNESS MY HAND SEAL on the date and place first above-written.

NOTARY PUBLIC

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