spoluvlastníctvo

Spoluvlastníctvo is a legal concept in Slovak and Czech civil law that describes a situation where multiple individuals hold ownership rights over a single property. This means that more than one person has a claim to the same asset, whether it be real estate, movable property, or even intangible assets. Each co-owner possesses a share or quota of the property, which represents their individual ownership stake. These shares are typically expressed as fractions or percentages of the total ownership.

The rights and responsibilities of co-owners are generally determined by the size of their respective shares. For instance, decisions regarding the management and use of the property usually require agreement among co-owners, often based on the majority of their shares. However, certain actions, such as significant alterations or the sale of the entire property, may require unanimous consent. Co-owners are also responsible for contributing to the costs associated with maintaining and managing the property, typically in proportion to their ownership share.

Spoluvlastníctvo can arise in various ways. It can be established through inheritance, where multiple heirs inherit a property together. It can also occur when individuals purchase a property jointly, or when a property is gifted to several people. The law provides mechanisms for managing spoluvlastníctvo, including the possibility of dissolving it. This can be achieved through mutual agreement among the co-owners, where they divide the property or one co-owner buys out the others. If an agreement cannot be reached, a court may order the division of the property or its sale, with the proceeds distributed among the co-owners according to their shares.