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Home > Real Estate > Condominium (divided co-ownership) > What are the responsibilities of the condominium syndicate and the general meeting of co-owners?

What are the responsibilities of the condominium syndicate and the general meeting of co-owners?

Syndicate
The syndicate is created when condominium ownership is established, to ensure that the property is preserved, maintained and administered. The board of directors is the administrative arm of the syndicate. The directors adopt the budget for the condominium property.

General meeting of co-owners
The general meeting of co-owners examines issues involving all the condominium owners. Each owner is entitled to a certain number of votes, based on the value of their fraction.



 
 

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