Renovations and repairs of a Building Complex in Cyprus

This practice memo describes the legal and practical considerations with regards to renovation, repairs, additions and/or alterations of a jointly owned building complex in Cyprus. It explains, inter alia, what is the relevant legal framework in place; the process that needs to be followed; notices; agenda; quorum requirements; voting requirements; consequences of a decision and all other relevant matters. Moreover, it includes an indicative step plan of the relevant procedure and a description of the relevant documents.

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