fjöleignarhús

Fjöleignarhús is a type of housing development common in Iceland, particularly in Reykjavik and other urban areas. The term translates literally to "multi-owner house." These buildings are characterized by their communal ownership structure where individual units are owned by different people or entities, while common areas and shared facilities are collectively owned.

The legal framework for fjöleignarhús is established by Icelandic law, governing the rights and responsibilities of co-owners. Typically, a homeowners' association or a similar body is formed to manage the property, including maintenance, repairs, and the collection of fees from owners. Decisions regarding the building are usually made through regular meetings where owners vote on various matters.

Fjöleignarhús can encompass a range of building types, from apartment blocks to townhouses. They are a popular housing solution due to their affordability compared to single-family homes and the shared responsibility for upkeep, which can reduce individual burdens. The concept aims to balance private ownership with collective living, fostering a sense of community while providing individual living spaces.