Yes, the Jointly Owned Real Property Register maintained by the DLD includes a specific section for Developer-owned Areas. These are spaces within a project that are neither units nor common parts, which the developer has designated for private, com…
Yes, the Jointly Owned Real Property Register maintained by the DLD includes a specific section for Developer-owned Areas. These are spaces within a project that are neither units nor common parts, which the developer has designated for private, commercial, or investment use. Recording these areas in the register ensures that their boundaries are defined and that their existence does not infringe upon the rights of individual unit Owners or the intended use of the community's Common Facilities.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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