All Countries
Corporate Governance
Memorandum Of Association Of Real Estate Company

Memorandum Of Association Of Real Estate Company Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Memorandum Of Association Of Real Estate Company

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Memorandum Of Association Of Real Estate Company

"I need a Memorandum of Association of Real Estate Company for a new property development firm in Manila, with an authorized capital of 50 million Philippine Pesos, focusing primarily on residential development projects, to be incorporated by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Memorandum of Association of Real Estate Company is a crucial incorporating document required under Philippine law when establishing a real estate corporation. It serves as the company's constitutional document, defining its powers, purposes, and limitations while ensuring compliance with the Revised Corporation Code and real estate-specific regulations. This document is mandatory for registration with the Securities and Exchange Commission (SEC) and must be prepared before a company can legally operate in the Philippine real estate sector. It includes essential information about the company's capital structure, governance framework, and business objectives, particularly focusing on real estate activities. The document must also address specific requirements for real estate operations under the Real Estate Service Act (RESA) and other relevant Philippine regulations.
Suggested Sections

1. Name and Registered Office: States the company name and complete address of the registered office in the Philippines

2. Purpose Clause: Detailed description of the company's real estate business activities and objectives

3. Capital Structure: Details of authorized capital stock, par value, and classes of shares

4. Subscription and Payment of Shares: Information about initial subscribers and their share subscriptions

5. Corporate Powers: Enumeration of powers the corporation may exercise in pursuing its objectives

6. Board of Directors: Composition, qualifications, terms, and powers of the board

7. Officers: Designation of corporate officers and their roles

8. Meetings: Provisions for stockholders' and board meetings

9. Fiscal Year and Dividends: Specification of fiscal year and dividend policies

10. Seal: Description of the corporate seal

11. Amendments: Procedure for amending the Memorandum of Association

Optional Sections

1. Special Provisions for Real Estate Development: Additional provisions specific to real estate development projects, used when the company plans to engage in property development

2. Foreign Ownership Provisions: Special provisions regarding foreign ownership limitations, required when foreign investors are involved

3. Branch Office Provisions: Provisions for establishing branch offices, needed if the company plans to operate in multiple locations

4. Special Share Rights: Detailed rights attached to different classes of shares, required when the company has multiple share classes

5. Professional Certification Requirements: Specific provisions regarding professional certifications required under RESA, needed if the company will provide real estate services

Suggested Schedules

1. Schedule A - Share Capital Details: Detailed breakdown of share classes, rights, and initial subscribers

2. Schedule B - Initial Directors and Officers: List of first directors and officers with their qualifications and addresses

3. Schedule C - Real Estate Assets: Initial real estate assets or properties owned by the company, if any

4. Schedule D - Professional Licenses: List of professional licenses and certifications held by the company and key personnel

5. Schedule E - Subscriber Information: Detailed information about initial subscribers including their citizenship and tax identification numbers

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Articles of Incorporation
Board of Directors
By-Laws
Capital Stock
Common Shares
Corporation
Directors
Dividends
Fiscal Year
HLURB
Incorporators
Laws
Majority Vote
Memorandum of Association
Officers
Par Value
Preferred Shares
Principal Office
Real Estate
Real Estate Development
Real Estate Service Act
Registered Office
SEC
Secretary
Securities
Share Certificate
Shareholders
Stockholders
Subscription Agreement
Subscription Price
Subsidiary
Transfer of Shares
Treasurer
Voting Rights
Clauses
Corporate Name and Location
Corporate Purpose
Duration
Capital Structure
Share Rights and Restrictions
Share Transfer
Corporate Powers
Management and Administration
Board Composition
Voting Rights
Meeting Procedures
Officer Appointments
Financial Provisions
Dividend Rights
Real Estate Operations
Property Development
Regulatory Compliance
Corporate Seal
Amendment Procedures
Dissolution
Foreign Ownership
Professional Licensing
Branch Establishment
Asset Management
Corporate Records
Fiscal Year
Dispute Resolution
Notices
Indemnification
Severability
Relevant Industries

Real Estate Development

Property Management

Construction

Real Estate Investment

Real Estate Brokerage

Property Consulting

Urban Planning

Commercial Real Estate

Residential Real Estate

Industrial Real Estate

Relevant Teams

Legal

Corporate Secretariat

Compliance

Real Estate Operations

Corporate Governance

Executive Leadership

Finance

Risk Management

Business Development

Corporate Planning

Relevant Roles

CEO

Managing Director

Corporate Secretary

Legal Counsel

Compliance Officer

Real Estate Director

Property Development Manager

Board Member

Company Secretary

Chief Financial Officer

Real Estate Operations Manager

Corporate Governance Officer

Risk Management Officer

Business Development Director

Corporate Planning Manager

Industries
Revised Corporation Code of the Philippines (Republic Act No. 11232): Primary law governing the incorporation, organization, and regulation of private corporations in the Philippines. It provides the basic requirements for the Memorandum of Association and other corporate documents.
Real Estate Service Act of the Philippines (RESA or Republic Act No. 9646): Regulates the practice of real estate service in the Philippines, including real estate consultancy, appraisal, and brokerage activities.
Securities Regulation Code (Republic Act No. 8799): Regulates the securities market and requires registration of securities with the Securities and Exchange Commission (SEC), particularly relevant for real estate companies planning to sell shares or raise capital.
Presidential Decree No. 957: Regulates the sale of subdivision lots and condominiums, requiring registration and licensing of real estate projects with the Housing and Land Use Regulatory Board (HLURB).
Anti-Money Laundering Act (Republic Act No. 9160): Relevant for real estate transactions and corporate governance, requiring due diligence and reporting of suspicious transactions.
Local Government Code (Republic Act No. 7160): Governs local business permits and real estate development regulations at the municipal/city level.
National Internal Revenue Code: Covers taxation aspects of real estate transactions and corporate income, including documentary stamp taxes and capital gains tax.
Urban Development and Housing Act (Republic Act No. 7279): Provides guidelines for urban land reform and housing, affecting real estate development projects.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Memorandum & Articles Of Association Constitution By Laws

A foundational corporate governance document under Philippine law that establishes a corporation's structure, operations, and management framework.

find out more

Memorandum Of Association Of Real Estate Company

A foundational corporate document establishing a real estate company's existence and operational framework under Philippine law.

find out more

Memorandum Of Association Of A Food And Beverage Company

A foundational legal document filed with the SEC in the Philippines that establishes a food and beverage company's existence, objectives, and operational framework.

find out more

Memorandum Of Company Limited By Shares

A foundational corporate document under Philippine law that establishes a company's structure, purpose, and governance framework.

find out more

Memorandum Of Association Security Guard Company

A foundational document establishing a security guard company's corporate existence and operational framework under Philippine law and security industry regulations.

find out more

Memorandum Of Association Of Agricultural Company

A constitutional document filed in the Philippines that establishes an agricultural company's legal structure, governance, and operational framework under Philippine corporate and agricultural laws.

find out more

Memorandum Of Association Of Marketing Company

A foundational legal document under Philippine law that establishes a marketing company's corporate structure, objectives, and operational framework.

find out more

Memorandum Of Association Of Software Development Company

A foundational corporate document filed with the Philippines SEC that establishes the legal structure and operating framework for a software development company under Philippine law.

find out more

Memorandum Of Association Of Pharmaceutical Company

A foundational legal document establishing a pharmaceutical company's existence and operational framework under Philippine law and FDA regulations.

find out more

Memorandum Of Association Of Automobile Company

A foundational document under Philippine law that establishes an automobile company's existence, structure, and operational framework.

find out more

Memorandum Of Association Of Educational Company

A foundational legal document establishing an educational company's existence and operational framework under Philippine law and educational regulations.

find out more

Memorandum Of Society

A foundational corporate document required under Philippine law that establishes a corporation's basic structure, purpose, and operational framework.

find out more

Memorandum Of Association For Non Profit Organisation

A foundational legal document under Philippine law that establishes a non-profit organization's existence, purpose, and basic operational framework.

find out more

Memorandum And Articles Of Association

A foundational corporate document under Philippine law that establishes a corporation's structure, purpose, and internal governance rules.

find out more

Constitution Memorandum And Articles Of Association

A foundational legal document establishing a corporation's existence and operational framework under Philippine law.

find out more

Memorandum Of Association Of Trading Company

A foundational document under Philippine law that establishes a trading company's existence, purpose, and basic corporate structure.

find out more

Memorandum Of Association Of Manufacturing Company

A foundational corporate document under Philippine law that establishes a manufacturing company's existence, structure, and basic operational framework.

find out more

Memorandum Of Association Of Investment Company

A foundational legal document establishing an investment company's structure and operations under Philippine law and SEC regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.