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Invest before it is too late
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The most expensive sentence in an apartment building
In an apartment building, delay can sometimes be literally expensive. What seems like a minor intervention today can grow into a major technical problem, an urgent repair, and a significant cost for the co-owners tomorrow. That is why good building management is not just a matter of solving problems. It is primarily about staying ahead of them. Because comparing a quote for work on an apartment building is about much more than just looking at the amount at the bottom of the page. The cheapest quote can perfectly be the best choice. But it can just as easily turn out to be the most expensive solution when materials, execution, guarantees, lifespan, or additional costs are not comparable.
renovating apartment
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Why the cheapest quote is not always the best
The differences are significant. And so the choice seems simple: as a co-owner, why would you pay more if the same work can be done for €18,000? Because comparing quotes for work on an apartment building is about much more than looking at the amount at the bottom of the page. The cheapest quote can perfectly well be the best choice. But it can just as easily turn out to be the most expensive solution when materials, execution, warranties, lifespan, or additional costs are not comparable.
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The silent heroes of our apartment building
An apartment building sometimes seems to function on its own. The elevator arrives when you press the button, the garage door opens when you come home, the lights are on in the common areas, and the heating does what it is supposed to do.
The links of the Owners Association
Care today. Value tomorrow.
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How the shares of your lot are calculated
When you buy an apartment, garage, or storage room in a co-ownership, you are not just buying a private space. You also become a co-owner of the common parts of the building. Therefore, shares in the common parts are linked to each private lot. These shares play an important role in the distribution of certain costs within the co-ownership.
In an apartment building, managing the common parts is no simple task. That is why a Property Manager is appointed. But what exactly does a Property Manager do in an apartment building? The Property Manager is responsible for the daily management, administration, and financial management of the co-ownership. He or she carries out the decisions of the Owners Association (Owners Association).
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What is a basic deed
Anyone who buys an apartment becomes not only the owner of their own home, but also a co-owner of the common parts of the building. To clearly establish who owns what and how the co-ownership is organized, a basic deed is drawn up.
Parte your Property Manager - your property manager
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What are the co-ownership regulations
The co-ownership regulations are a legal document that forms part of a building's articles of association. They determine how the common areas are managed, what rights and obligations the co-owners have, and how decisions within the Owners Association (VME) are made. The goal is to organize communal living and the management of the building in a clear and transparent manner.
INSURANCE
Why a Property Manager cannot always act immediately
When a problem arises in an apartment, the first reflex is often the same: I will contact the Property Manager. And rightly so. But what many co-owners do not always realize is that a Property Manager is not a personal concierge or private service provider. A Property Manager manages the entire Owners Association (VME) and makes decisions in the interest of the entire building. That distinction is important. Not only to avoid frustration, but also to understand why certain files require more time than it might seem at first glance.
what is an extraordinary general meeting
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Extraordinary General Meeting (EGM)
An Extraordinary General Meeting (EGM) is an additional meeting of the Owners Association (VME) organized when urgent or important decisions must be made that cannot wait until the annual General Meeting (GM).