The association of co-owners of an apartment building (OSBB) is an effective mechanism for ensuring the management and efficient operation of a residential building. In this article, we will consider how to correctly register a condominium in accordance with the current legislation of Ukraine.

First of all, to create a condominium, it is necessary to have enough co-owners of apartments in an apartment building. In addition, it is necessary to draw up a protocol of the founders of the condominium, which includes the following data:

1. The name of the association.

2. The number of co-owners participating in the creation of condominiums.

3. List of co-owners who signed the protocol of the founders.

4. Elected representatives of co-owners and their powers.

5. List of issues related to the competence of condominiums.

To register a condominium, it is necessary to apply to the relevant state authority, which is a local executive body or its territorial body, with an application for registration of a condominium and submit the following documents:

1. Protocol of the founders of condominiums.

2. Statute of condominiums.

3. Copies of documents confirming ownership of apartments of co-owners that are part of condominiums.

4. Copies of passports of co-owners who are part of the condominium.

5. And other documents defined by the legislation.

The local executive body has 10 days to consider an application for condominium registration. In case of refusal of registration, the reasons for refusal should be noted in the relevant decision.

If the condominium has received registration, it can start its activities. Condominium participants must set tariffs for utility services and sign a contract with the utility provider. The condominium has the right to keep records of its activities, draw up a budget, approve home repair programs and purchase equipment.

In addition, the condominium association must keep records of the consumption of utility services and consumption indicators of metering devices, calculate and pay for utility services, keep records and keep documents related to the activities of the condominium association.

If it is necessary to change the charter of the condominium, it is necessary to hold a general meeting of co-owners, at which the appropriate decision would be made and amendments to the charter would be made. Changes to the charter must be registered by the relevant state authority.

So, it is quite easy to register a condominium if you meet the requirements of the current legislation. Creating a condominium can be very useful for the management and efficient operation of a residential building. If you have any questions about condominium registration, it is recommended to contact the OLSON law firm for qualified advice and assistance in this matter.

However, it should be borne in mind that condominiums are not a universal solution for managing a residential building. In some cases, it may be more efficient to create a limited liability company (LLC) to manage the building. There are also alternative forms of management of residential buildings, for example, management with the help of specialized management companies.

So, condominium registration is an important step for effective management of a residential building. This allows co-owners to be actively involved in decision-making and control the management process. However, before creating a condominium, you should carefully analyze all alternative management options and seek professional help from lawyers for advice and support in this matter.