By Anna Ellis •
Published: 21 Sep 2022 • 18:25
What is a Community of Owners?
A ‘Community of Owners’ (‘Comunidad de Propietarios’ or ‘Comunidad de Vecinos’) is a legal entity (as per the Ley de Propiedad Horizontal 49/1960) comprising all homeowners within the same development such as a block of flats or housing urbanisation.
The purpose of this entity is to manage the maintenance and financial upkeep of the property, particularly communal facilities. The fees charged are called community fees.
Each homeowner is assigned a monthly quota as set out in the Community’s governing statutes (Estatutos de la Comunidad de Propietarios) and is required to represent the Community on the governing board (Junta de Gobierno) on a rotational basis. ‘Communities of Owners’ can take legal action against any owner who fails to pay community fees.
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Originally from Derbyshire, Anna has lived in the middle of nowhere on the Costa Blanca for 19 years. She is passionate about her animal family including four dogs and four horses, musicals and cooking.
All very true but is this news?
It is for someone who doesn’t know what it means. EWN tries to help new arrivals who don’t always understand some of the terms used in Spain as well as keep readers up to date with what is happening around the world.
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