Cyprus Property Forum for Buyers, Sellers & Investors

Cyprus government have passed new legislation governing the registration and running of private Associations, Clubs etc. Does anyone know if this legislation applies to Communal Property Management committees please?

acachair wrote: 03 Apr 2018 12:44Does anyone know if this legislation applies to Communal Property Management committees please?

No it doesn't (I'm the Hon Sec of a registered association).

Regards,

Hi Nigel

We currently have a residents association that administers our complex and I understand it is better/more applicable to call it a management committee. How would we go about changing this name with the bank etc
Thank you

Hi pissouriabc

I wrote an article about this several months ago - Management committees fall foul of law.

I suggest you hold a committee meeting and pass a motion to change the name - and take the minutes of the meeting to the bank and get the account name changed.

Regards,

Thank you.

pissouriabc wrote: 29 Nov 2019 14:14 Hi Nigel

We currently have a residents association that administers our complex and I understand it is better/more applicable to call it a management committee. How would we go about changing this name with the bank etc
Thank you

We have a committee called T**** J***** Residents Association.

I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it

J B wrote: 02 Dec 2019 16:56I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it

I hope you got that in writing.

Regards,