New Jointly-Owned Buildings Legislation drafted

Any individual who’s had dealings with the Jointly-Owned Buildings Law will agree that it’s in dire need of revision. I get as many issues and queries about this distinct law (two this morning) as I get about Title Deeds.

It seems that, at extensive previous, the law is about to change. A draft legislation for the management and operation of jointly-owned buildings has been prepared by the Office of Lands and Surveys and the Commissioner for Legislation.

Draft Jointly-Owned Properties Legislation

The draft regulation aims to address a selection of serious troubles with the recent law including the lack of management committees, non-payment of communal expenses, coverage and partial or overall destruction of the building. Its intent is to supply administration committees with the overall flexibility to have out its obligations, to assure that device homeowners meet their obligations and that qualities are effectively taken care of.

A administration committee or owner who fails to comply with any obligation below the proposed legislation or restrictions is subject to a great of up to €3,000.00.

New Services to oversee compliance

A individual support will be set up responsible for overseeing compliance with the legislation. The role of the Section of Lands and Surveys will be confined to issues relating to the occupation and registration of jointly-owned properties.

This new provider will be accountable for registering jointly-owned properties, the registration of management committees with the Assistance and sustaining a sign up of the properties and their administration committees.

In addition to jointly-owned buildings that have been registered, the regulation will implement to all jointly-owned properties that have been issued with a setting up allow, division and approval certification (or a certificate of unauthorised works).

Management Committees

The draft legislation empowers management committee to claim bills that are reasonably necessary for protecting and functioning the common locations of the building for which proprietors have not paid out.

The draft monthly bill (in Greek) has been posted on the Division of Lands and Surveys internet site for general public session.

(A device translation of the draft new regulation into English may perhaps be considered by clicking listed here.)