(1) The supreme body of the legal entity or its supervisory body (the board) may, by resolution, authorize a third party (with or without the right of delegation) to act on behalf of that legal entity in order to enforce the resolution of such body. In this case, the authorized third party holds powers without it being required to obtain powers from the administrator. The minutes that include the resolution…
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Article 13. Condominium ownership
(1) Exclusive ownership over the unit and the share of the common ownership form an undivided unit and may not be transferred or encumbered separately. In this case, the other condominium owners do not hold a preemption right provided for by Article 552 of the…
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Article 3. Principal Definitions
For the purposes of this law, the following terms have the following meanings: administrator of the association (also referred to as the administrator) – a person designated as the executive body of the association who, for the purposes of Article 177 of the Civil Code…
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Article 2. Laws governing Condominium
The law of condominium is a part of civil law and includes this law, Law No. 75/2015 on Residences, the Civil Code no. 1107/2002, and other pieces of legislation in this field.
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Article 1. Scope
(1) This law governs: a) the property relationship in a condominium; b) the organization of condominium owners in an association; c) other legal relationships related to the relationships provided for in sub-paragraphs (a) and b). (2) This law also governs the simplified mechanism of passing:…
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Condominium Law: Article 36. Conduct of a General Meeting
(1) A general meeting held by presence or in a mixed form is conducted on the day, at the time, and in the place indicated in the convocation notice sent to each owner. The body of the association or the owners convening the general meeting…
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Article 902. Notice fixing additional period for performance
(1) In any case of non-performance of an obligation the creditor may by notice to the debtor allow an additional period of time for performance. (2) During the additional period the creditor may withhold performance of the creditor’s reciprocal obligations and may claim damages, but…
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LPA C civ, art. 29 [Statutory Building Right over Public Rent and Royalty]
(1) By virtue of Law No. 133/2018, as of 1 March 2019, a statutory building right (superficies) shall be established over the land belonging to the state or the administrative-territorial units (either it forms part of the public or the private domain) in favor of…
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Article 654. Notion of superficies
(1) A right of superficies is an immovable proprietary right to possess and use the land of another for the purposes of building and exploiting a construction of the superficiary, on and under the land, or to exploit an existing construction of the superficiary. This…
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Article 482. Acquisition and exercise of possession
(1) Possession is acquired by the wilful exercise of the physical control of the property. (2) A possessor of a right is considered the person who started to exercise it as a holder. The provisions on possession apply mutatis mutandis to possession of rights. (3)…