KCG Partners’ Post

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Approximately 1.5 million condominiums are affected by an amendment of the Condominium Act regarding the registration of common representatives. According to the latest change, effective as of 1 October 2024, the condominium assembly must immediately and mandatorily dismiss the representative and revoke their property management mandate if the representative does not initiate their registration with the land registry authority within the prescribed deadline following their election. You can read more about the topic in Borbála Maglai's recent article on CEE Legal Matters: https://lnkd.in/dDCn9nrA

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