Eigentümergemeinschaftsvereinbarungen
Eigentümergemeinschaft is a German term that translates to "owners' association" or "condominium association." It refers to a legal entity formed by the co-owners of a property that is divided into individual units, such as apartments or commercial spaces, while sharing common areas. This entity is established by law when a property is subdivided into condominium ownership (Wohnungseigentum).
The primary purpose of an Eigentümergemeinschaft is to manage and maintain the common property. This includes
Each owner within the Eigentümergemeinschaft is a member and has voting rights, typically proportionate to their