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RepublicorthePhilippinesO fficeofthe PresidentHousingand UrbanDevelopmentCoordinatingCouncilHOUSI NGANI>LANDUSEREGULATOI{ BOARI>;.4~ ,.- BoardofCommissionersRESOLUTIONNO. 770 Seriesof 2004 FRAMEWORKFORGOVERNANCEOFHOMEOWNERSASSOCI ATIONSWHEREAS, pursuant toExecutive Order No. 648, seriesof1981, asamended, in relation to Republic Act No. 8763, Executive Order No. 535seriesof1979, and Presidential Decree No. 902-A,the HousingandLandUseRegulatoryBoard(HLURO) is charged with the regulationandsupervisionofthe activities and operationsofhomeownersassociations;WHERE AS, there is a need tohighlightthe basic roles, powers andresponsibilitiesofa homeowners association and its officers and membersunderexisting lawsandregulations;WHEREAS, there is also a need to promote andoperationalizethebest practices and normsofgoodgovernancein the managementofahomeowners assoc iation:WHEREAS,the activeandenlightened managementofthe affairsofahomeownersassociation willenhance the deliveryofbasic services to andpromotethegeneralwelfareofits members;NOW THEREFORE the BLURB,after a nationwide consultationwith homeownersassociationsandconcernedstakeh olders hereby adopts thefollowing Framework for the )R~.}
independently of its officers. No individual or small group of individuals should be allowed to dominate the Board'sdecision-makingactivities. Sec. 17. Performance assessment.
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