How to establish and register a condominium flat owner
Last updated: 14 March 2024.
A condominium flat owner is established by registration of a petition to divide property into sections.
Obligation and right to register
Every condominium flat owner has the right to register in the Central Coordinating Register for Legal Entities.
Condominiums registered after 1 January 1998 containing nine or more sections are imposed to register in the Register of Business Enterprises. Even if a condominium is not obliged to register, it still has the right to do so.
The case will be under processing by one of our case officers within ten working days, if the condominium is going to be registered in The Register of Business Enterprises.
You can see what date we have reached in our case waiting list on the page When will my case be processed.
Attachment requirements
When you register a condominium flat owner, you must always attach
- Documentation showing that the ownership is registered. Example of such documentation:
- a petition to divide property into individual sections, including a stamp for the official registration
- notification for official registration. Bar code with registration date must be stated in the document
- a transcript from the land register
- The articles of association
- The minutes from the annual meeting containing election of the board and the auditor, if any.
The statutes must at least contain
- the property’s land registry designation
- information about the number of board members
If the condominium flat owner wishes to assign signature rights other than to the board jointly, the statutes must contain information about this.
The minutes must at least contain
- the name of the condominium that held the meeting
- information about when and where the meeting was held
- information about the number of co-owners represented at the meeting
- a confirmation of the approved convening of the meeting
- a list of all decisions made
- election of the board: First and last names of the persons elected, as well as their roles of the board, must also be stated in the minutes
The minutes must be signed by a chairperson and another person present at the meeting.
Remember to sign the form
If the condominium is to have its own auditor and possibly an accountant, they have to sign the form Coordinated register notification to confirm taking on the assignment.
Upon registration in the Register of Business Enterprises, the board members must confirm taking on the assignment.