18th January 2010

An MP´s amendment to the Act on Co-ownership to Buildings and Certain Ownership Relations to Apartments

An MP´s amendment to the Act on Co-ownership to Buildings and Certain Ownership Relations to Apartments will go through the second and third reading during the plenary session starting on January 26. It abolishes a two-track system of decision-making (consortium of owners vs. individual owners), lowers voting quorum, introduces voting per rollam, stipulates that a lien would always belong to a consortium of owners etc. The Government will support the amendment, if several changes are made. For more information click here.

Members of the American Chamber of Commerce in the Czech Republic