eierforening

An eierforening is a legal entity formed by property owners who share ownership of a building or site and are collectively responsible for the management and upkeep of the common parts. It is a general term used in Norwegian property law to describe an association that administers the shared property and finances related to its maintenance and operation. Members typically own individual units or parcels and hold a defined share in the common property.

The formation of an eierforening occurs when several owners gain co-ownership of a property and agree to govern and maintain the shared areas through a unified organization. The association’s creation is usually documented in a founding agreement or deed, and it operates under applicable national laws related to co-ownership and property administration, such as rules governing ownership, common property, and decision making.

Governance is typically structured around a general meeting (generalforsamling) where all members can vote on major matters, and a board (styre) elected to oversee daily operations. The board may appoint or contract a property manager or administrator to handle routine tasks, maintenance contracts, budgeting, and financial reporting. The eierforening is responsible for the upkeep of common areas, exterior maintenance, insurance of the building or site, and any shared facilities. It also sets and collects common costs (felleskostnader) to cover these expenses and services.

Rights and duties of members include voting on major decisions, contributing to the costs, and adhering to adopted rules for the use of common areas. The association maintains financial records, publishes annual budgets, and may implement reserve funds for future repairs. In some cases, eierforening can be dissolved or restructured, with proceeds distributed among owners according to ownership shares.