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.
Thank you for taking the time to read this article, do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
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.
Comments are closed.
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.
Download our media pack in either English or Spanish.