äganderättsförening

An äganderättsförening, often translated as an ownership association or property owners' association, is a legal entity in Sweden that holds ownership of real estate, typically apartment buildings or housing cooperatives. Instead of individual owners holding direct title to their specific apartments, the äganderättsförening collectively owns the entire property. Members of the association acquire the right to occupy and use a specific dwelling through their membership, often represented by shares in the association.

The primary purpose of an äganderättsförening is to manage and maintain the common property and facilities. Decisions regarding the property, such as renovations, repairs, and financial matters, are made collectively by the members, usually during an annual general meeting. Each member typically has a voting right proportional to their ownership stake or their right to occupy a dwelling. The association is responsible for collecting fees from its members to cover operating costs, maintenance, and any necessary loan repayments for the property.

These associations are established to facilitate cooperative living and shared responsibility for housing. They differ from traditional rental arrangements where a single landlord owns the property. In an äganderättsförening, the residents are also the owners, collectively responsible for the long-term upkeep and financial stability of their housing. The legal framework for äganderättsföreningar is governed by Swedish law, ensuring a structure for their operation and member rights.