New Law on Management of Jointly Owned Buildings
September 23, 2025
A new bill regarding jointly owned buildings is in the final discussion stage within the Parliamentary Committee on Internal Affairs. The legislation aims to improve management and inspections of approximately 200,000 buildings. Tenants and owners will have access to structural and mechanical checks, enhancing the safety of these buildings. However, the removal of the provision for regular inspections has raised concerns, as its implementation will depend on management committees. The new law is expected to improve the living conditions for residents in these properties.