Syndicate of co-owners

Constitution

• What is a syndicate of co-owners?
• When does the use of the expression "syndicate of co-owners" have started?
• When is the syndicate of co-owners constituted as a legal person?
• What is the procedure to be adopted in order to achieve the establishment of the syndicate of co-owners?
• Following the registration, who administers the co-ownership before the establishment of a board of directors by the syndicate of co-owners?
• What is the purpose of the existence of the syndicate of co-owners?

Transmission of powers from the developer

• What are the powers of the provisional director?
• What are the duties of the provisional director?
• Does the provisional director have to require a contribution to the contingency fund and what is the method for determining the amount of such contribution?
• Is it recommended to the provisional directors of the syndicate of co-owners to claim common expenses to the co-owners?
• What are the necessary steps to prepare adequately the special meeting of co-owners for the election of a new board of directors?

Rights and obligations

• Does the syndicate of co-owners have to meet certain requirements in order to exercise its powers in due form?
• Why the syndicate must keep a register of co-ownership and what it must contain?
• What other documents the syndicate has to make available to the co-owners?
• What amount the syndicate will have to require from co-owners for the contribution to the contingency fund?
• What other duty is incumbent upon the syndicate of co-owners?
• Does the syndicate of co-owners have to file an income tax return?
• How to establish a maintenance log?

Board of directors

• How is made the appointment of members of the board of directors of the syndicate of co-owners?
• How are determined the operating procedures of the board of directors?
• Who has to contract on behalf of the co-ownership for the maintenance works of the building?
• Can the everyday administration of the syndicate be entrusted to a manager?
• What are the duties and obligations of the board of directors of the syndicate of co-owners?
• What is the responsibility of the board of directors in the case of failure to respect the duties and obligations?
• What are the means available to the syndicate of co-owners in order to recover its receivables owed by some co-owners?
• Why publish a legal hypothec (also known as legal mortgage) of the syndicate of co-owners?
• Who has the power to determine the contribution of co-owners to the common expenses?