OBLIGATIONS OF THE CONDOMINIUM SYSTEM IN THE REAL ESTATE DEVELOPMENT FIELD

Abstract

The preparation of Condominium System in the field of real estate promotion is carried out in accordance with Law 11-04 and Executive Decree 14-99, and this system entails obligations for the real estate Promoter and others for the acquirers, but there are legal difficulties and problems that prevent its preparation in the manner imposed by law, and others related to non-implementation The parties to their obligations, which imposes the intervention of the legislator to put an end to these problems in order to reduce potential conflicts, especially the problem of parking lots that are not divided into shares, as well as to withdraw the issue of the prior approval of the acquirers of Condominium System because it is impossible to apply it, and to reach fair solutions between the group of acquirers regarding the issue of burden distribution And the use of common parts.