Law 10112, dated 09.04.2009, is a law that was enacted by the Albanian government to provide guidance on the administration of co-ownership in residential buildings. This law was implemented to ensure that all co-owners have a fair and equitable share in the ownership of a building, as well as to ensure that the rights of each co-owner are protected. In this article, we will examine the provisions of the law and discuss how it affects the rights of the co-owners.
Introduction to Law 10112
Law 10112 was enacted in 2009 to provide guidance on the administration of co-ownership in residential buildings in Albania. The law is divided into three parts: the first part deals with general provisions, the second part is devoted to the duties of the co-owners, and the third part outlines the duties of the administrator of the co-ownership.
The law defines a co-owner as any individual or legal entity who holds an ownership interest in a residential building. The law also outlines the rights and obligations of the co-owners, including their right to use and enjoy the building, their responsibility to pay their share of the common expenses, and their right to participate in the decisions of the co-ownership.
Administration of Co-Ownership in Residential Buildings
The law provides a framework for the administration of co-ownership in residential buildings. According to the law, the co-owners must appoint an administrator to manage the co-ownership, and the administrator must be approved by the majority of the co-owners. The administrator is responsible for collecting and distributing the common expenses of the co-ownership, as well as for managing the day-to-day operations of the building.
The law also outlines the rights of the co-owners, including the right to use and enjoy the building, the right to participate in the decisions of the co-ownership, and the right to receive their share of the common expenses. The law also outlines the duties of the administrator, including the duty to manage the day-to-day operations of the building, to collect and distribute the common expenses, and to ensure that the rights of the co-owners are protected.
Law 10112, dated 09.04.2009, was enacted to provide guidance on the administration of co-ownership in residential buildings in Albania. The law defines the rights and obligations of the co-owners and outlines the duties of the administrator. The law was enacted to ensure that
