(1) Unless the general meeting has resolved otherwise, the association’s administrator decides on the timing (but without exceeding the statute of limitations) and method of collecting debts owed by owners and other persons to the association. (2) In the case of an owner who is…
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Article 57. Financially Vulnerable Owners
(1) An association’s administrator is required to identify owners who fall under the category of socially vulnerable persons in the association, considering the criteria established by the general meeting. (2) An association’s administrator is authorized to act, on behalf of the socially vulnerable owner, before authorities…
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Article 56. Protection of the Bank Account Designated for the Fund
(1) The seizure or forced execution of the resources from the fund’s bank account to satisfy the claims of the association’s creditors is prohibited, except when the claim arises from a contract concluded with the association that expressly stipulates that the association will make payments…
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Article 55. Fund Resources
(1) The fund’s resources are comprised of the owners’ contributions to the fund, as well as other sources, such as income from a lease of common parts, interest on the association’s bank deposits, interest and late payment penalties related to payments owed to the association,…
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Article 54. Contribution to the Fund
(1) An association’s administrator is required to include on the agenda of each annual general meeting the issue regarding the status of the fund and the establishment or modification of contributions to the fund. (2) After hearing a report on the condominium’s situation and recommendations…
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Article 53. Establishment of the Repair and Development Fund
(1) An association is required to establish a repair and development fund (hereinafter referred to as the fund). (2) The fund’s resources are kept in a separate bank account from the account for other expenses than those indicated in Article 55 paragraph (2). (3) An…
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Article 52. Allocation of Legal Expenses in Disputes Between An Owner and the Association
(1) An owner who is a claimant or respondent in a legal action against the association participates in the association’s legal expenses related to this action according to this law, without affecting its right to reimbursement as per paragraph (5). (2) An owner who is…
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Article 51. Claim of Undue Payments
(1) A condominium owner is not required to challenge an invoice or other payment notice sent by the association, manager, or an intermediated service provider if the claimed payment is not actually owed by it. In the event of a dispute, the owner is entitled…
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Article 50. The Right to Disconnect and Expense Allocation
(1) An owner may opt out of using the building’s centralized heating or cooling system in their unit if the disconnection of the unit does not affect the operation of such system. (2) The owner of a disconnected unit is bound to contribute to the…
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Article 49. The Association’s Contracting of Intermediated Services and Liability for Their Payment
(1) An association’s administrator concludes each contract for the provision of intermediated services with the supplier following its approval by resolution of the general meeting. The same rule applies to the amendment of such contracts. (2) Notwithstanding paragraph (1), an association’s administrator concludes the contract…