Christos Christodoulou Objects in Common Areas No owner may, without the consent of the Management Committee, post, display or place objects or clothing in the common areas. It is also prohibited by law to leave or place objects near the main and ... 22 Aug 2023
Christos Christodoulou Management Committee – Power and Duties The elected Management Committee acts as the representative of the owners of the jointly owned building and has the powers/competencies determined by the Law. Some of the responsibilities of the Manag... 22 May 2023
Christos Christodoulou Procedure for convening a General Assembly 7 days notice is given The time and place of the meeting are set It is considered a quorum – meaning that more than 50% (based on ownership percentage) should be present. If there is no quorum, then i... 19 Apr 2023
Christos Christodoulou Who is legally responsible for paying common expenses, the landlord or the tenant? In Cypriot law, the owner of the property is always responsible for paying the common expenses. It is important to note that tenants can contribute to the payment of common expenses, but the absence o... 4 Apr 2023
Christos Christodoulou How are we informed about the expenses made each month? Every month our company sends a detailed statement of common expenses to each owner, which lists in detail all the expenses related to the specific month as well as the balance of the bank account. In... 3 Apr 2023
Christos Christodoulou What is the payment method for common expenses in your company? We inform you that the payment of the common expenses every month is done in the following ways: 1. By bank order (standing order), to the bank account of the Administrative Committee of the building ... 15 Mar 2023
Christos Christodoulou How to pay my common expenses Κατόπιν ανάθεσης της διαχείρισης της Κτηριακής σας Μονάδας στην εταιρεία μας, σας διαβεβαιώνουμε ότι η εταιρεία μας θα ανταποκριθεί με υπευθυνότητα και επαγγελματισμό. Η εταιρεία μας ενεργεί βάση του ... 15 Mar 2023