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(a) The administration of every building constituted into horizontal property shall be governed by bylaws which shall be inserted in, or appended to, and recorded with the master deed.
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(b) The bylaws must necessarily provide for at least the following:
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(1) Form of administration, indicating whether this shall be in charge of an administrator or of a board of administration, or otherwise, and specifying the powers, manner of removal, and, where proper, the compensation thereof;
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(2) Method of calling or summoning the co-owners to assemble, that a majority of at least fifty-one percent (51%) is required to adopt decisions, who is to preside over the meeting, and who will keep the minute book wherein the resolutions shall be recorded;
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(3) Care, upkeep, and surveillance of the building and its general or limited common elements and services;
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(4) Manner of collecting from the co-owners for the payment of the common expenses; and
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(5) Designation and dismissal of the personnel necessary for the works and the general or limited common services of the building.
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