Hi Nigel
I am seeking to set up a management committee. Out of 25 owners only 5/6 have bothered emailing me to support the idea. The complex is being maintained unsatisfactorily by the developer who is likely to pull out anyway.
Can the 5/6 of us call a meeting, invite everyone via email and then proceed in setting up a committee?
Also, how many signatures would be needed for the Bank and would we be able to arrange signature separately??
Thanks for your advice
Michelle Wood
75% agreement for management committee
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Re: 75% agreement for management committee
Hi Michelle
Please refer to the law (in English) on the subject at Jointly Owned Buildings Law of 1993.
Regards,
Please refer to the law (in English) on the subject at Jointly Owned Buildings Law of 1993.
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
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Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news