| Release Tool: | Councils and commissions decisions |
|---|---|
| Summary: | By AI The guiding basic law for owners' associations regulates the establishment of an owners' association for common real estate when there are three or more owners, and requires the registration of the association with the Real Estate General Authority within 30 days. The law specifies the resources of the association, including owners' contributions and donations, and mandates the preparation of an annual budget that covers management and maintenance costs. Each owner must pay the approved contribu... |