LAW OF THE REPUBLIC OF ARMENIA

of December 22, 2005 No. ZR-239

About introduction of amendments to the Law of the Republic of Armenia "About management of the apartment building"

Accepted by National Assembly of the Republic of Armenia on December 15, 2005

Article 1. With second on the fourth and sixth paragraphs of article 2 of the Law of the Republic of Armenia "About management of the apartment building" (of May 7, 2002, ZR-334, further - the Law) to state in the following edition:

"the apartment - the room (structure) provided for accommodation and registered or numbered under separate code in the authorized body performing state registration;

the non-residential premise - the room (structure) in the building or structure which is not provided for accommodation of physical persons and registered or numbered under separate code in the authorized body performing state registration;

the apartment building - the building in which more than to one owner by the property right the apartment and (or) the non-residential premise belongs and the parcel of land allocated for construction and which servicing or common property of the building cannot be divided between owners of apartments or non-residential premises;";

"common ownership of the apartment or subdivided building - share of the owner of each apartment or non-residential premise in relation to the parcel of land is determined by the relation of the area of the apartment or the non-residential premise belonging to this owner to the area of all apartments and non-residential premises of this building and expressed in fractions.

The share of the owner of each apartment or non-residential premise in relation to common ownership of the apartment or subdivided building is equal to the share in the parcel of land which is common ownership belonging to it and is expressed in fractions;".

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