Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Monday, March 4, 2013

Master Deeds Comparative Analysis

UPDATE (03/28/14):  We had always asked to pay for what documents we had been able to get and were told it was not necessary.  But given the writing about charges for copies, we wanted to assure and let everyone know we had always asked.  Yes, there were subtle writings that could have given the suggestion we had been given free what should have been charged.  But, we always said we would pay and were told no payment was necessary.  We have scanned and posted copies to be viewed for free by all those accessing the links.  Of course, they may be downloaded, too.
Since our ideas have been used to a limited degree with no credit given to us, we suggest that all documents be made available online so that Unit Owners do not have to pay for copies and go through hoops of fire as we do on a regular basis.  We will continue to obtain documents and post them here at our cost since the developer controlled Boards and managements taking orders from them refuse full access as required under law.
The bill and receipt below are for copies of the insurance policies for Soho Central we were able to get while others were refused in a single request made.  The documents that were refused are contrary to Section 74 of the Corporation Code.

Master Deeds Comparative Analysis

This post will be updated as we obtain additional Master Deeds for all the condominium projects built by Century Properties.  As we all read the master deeds and by-laws a noticeable similarity as well as increased controlling additions are made with each new project.

Please send or supply us with your Master Deed plus other documents that may not be listed for scanning and posting.  If anyone has any comments and information to add in this analysis, please let us know your observations.

Condominium: Documents
Initiation Date/Turnover Date
Significant Deed Change Notes

FOUND

soon to be posted Bel-Air Soho (They had won their freedom.):  Deed Other docs: 
?/?


Soho Central:  Deed  Other docs:  Articles of Incorporation, By-Laws, Rules & Regulations, Certificate of Occupancy
2005/2009

Gramercy Residences:  DeedAmendment2nd Amendment  Other docs:  Articles of Incorporation, By-Laws,  Rules & Regulations, Certificate of Occupancy
?/2010-2011
*Soho Central's had a majority vote needed to amend while this project's deed requires 2/3.

Knightsbridge Residences:  Deed  Other docs:  Articles of Incorporation, By-Laws, Rules & Regulations, Certificate of Occupancy
?/?

SEARCHING

Makati Prime Tower - Deed
?/?

Esseensia Towers Forbes - Deed
?/?

Pacific Place - Deed
?/?

West of Ayala - Deed
?/?

One Magnificent Mile - Deed
?/?

Le Domaine - Deed
?/?

Le Metropole - Deed
?/?

Le Maison Rada - Deed
?/?

Letriomphe - Deed
?/?

Le Grand - Deed
?/?

Oxford Suites - Deed
?/?

Grand Soho Makati - Deed
?/?

South of Market (SOMA) - Deed
?/?

Canyon Ranch - Deed
?/?

Acqua Private Residences - Deed
?/?

Milano Residences - Deed
?/?

Azure Urban Resort Residences - Deed
?/?


1 comment:

  1. the grammercy amendments to the master deed, as shown, are of dubious validity. per RA 7899, as even mentioned in the amendment, the amendment must be applied for approval by HLURB.

    the developer needs to submit proof of:
    1. prior written notification to ALL registered owners PLUS
    2. written consent from the simple majority of ownership based on floor area if a mixed use (residential/commercial) condominium.

    ask Grammercy to show the HLURB application for amendment of master deed, the proofs above, and the approval from HLURB.

    otherwise, Grammercy owners should take back all of the condo space that should be part of the common areas, which the developer is belatedly trying to steal away from the unit owners.

    ReplyDelete