LAW OF THE REPUBLIC OF MOLDOVA

of March 30, 2000 No. 913-XIV

About condominium in housing stock

The parliament adopts this organic law.

This law establishes the property relations in condominium, procedure for creation, operation, alienation of real estate and assignment of rights on it in condominium, procedure for real estate administration, and also procedure for creation, registration, functioning and liquidation of associations of co-owners in condominium.

Chapter I. General provisions

Article 1. Basic concepts

For the purpose of this law the following basic concepts are used in value:

condominium - single complex of real estate which includes the parcel of land in the established borders and the residential buildings (building) located on it, other real estate objects and in which separate parts - apartments, non-residential premises are in private, state-owned or municipal property, and the others - in common indivisible property.

In case of the structures put in operation, the condominium is created by consolidation without fail in Owners' Association of the real estate located in certain territory at the initiative of owners, territorial agencies on privatization or bodies of local public authority;

Registration of condominium future or incomplete asset construction of real estate is performed by his owner according to articles 40/4 and 40/5 of the Law on the inventory of real estate N 1543-XIII of February 25, 1998. The association of co-owners in condominium is established after delivery of structure in operation.

common property - the parts of the building, other real estate objects which are in property, not being apartments, non-residential premises and intended for general use by all owners in condominium;

share - the share of each owner in common ownership determining its share in the total amount of obligatory payments on content and repair of common property in other total expenses, and also share of the vote on general meeting of members of association of co-owners in condominium;

association of co-owners in condominium - the organization uniting owners of apartments for joint management, content and operation of complex of real estate in condominium;

the apartment - the housing consisting of one or more premises and meeting the requirements for permanent residence of one person or family;

the owner - the state, body of local public authority, physical person or legal entity or group of persons which own use and dispose of the real estate belonging to them in condominium according to the legislation.

Article 2. Legislation on condominium

The legislation on condominium belongs to the civil legislation and includes this law, the Civil code, other legal acts regulating civil legal relationship in this area.

Article 3. Operation of this law

(1) Operation of this law extends on:

a) the property relations in condominium;

b) the condominiums which are again created in the course of reconstruction of the apartment house;

c) associations of co-owners in condominium (further - associations of co-owners), housing and housing cooperatives with the share which is completely paid at least by one member, and also other Owners' Associations of the real estate created for ensuring operation of real estate in condominium.

(2) Housing, the housing cooperative which members paid share completely will be reorganized into condominium according to provisions of this law, others legislative and regulations.

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