terri
28 Feb 2010
Real Estate / Shared property ownership in Poland, what are your rights? [11]
It all depends. As it happens, I am a part-share owner of a 'kamienica' (house). Each one of us has different percentage of shares, but no matter.
Do you have a flat/flats which form your percentage? In that case, you can sell your flat/s to a third party, but it would be common courtesy to have a 'general meeting' of the other owners and tell them of your intentions. The future owner takes over your shares.
As a part owner you are responsible (proportionately) for the repairs/and bills of all amenities which form the 'common' parts (but you already know that).
Please remember also your tax position - but this has been discussed elsewhere.
It all depends. As it happens, I am a part-share owner of a 'kamienica' (house). Each one of us has different percentage of shares, but no matter.
Do you have a flat/flats which form your percentage? In that case, you can sell your flat/s to a third party, but it would be common courtesy to have a 'general meeting' of the other owners and tell them of your intentions. The future owner takes over your shares.
As a part owner you are responsible (proportionately) for the repairs/and bills of all amenities which form the 'common' parts (but you already know that).
Please remember also your tax position - but this has been discussed elsewhere.