Friday, December 11, 2009

French Property News - December

In this month's issue I write about the role of the 'syndic', the professional managers responsible for running a co-ownership property such as an apartment building, and appointed by the owners. The article describes how the syndic works, what typically happens at the annual general meeting of owners, voting procedures, the role of the residents' committee, how the budget is arrived at and costs allocated, and some typical problems that can arise. Also issues such as repairs and maintenance, what you can and cannot do inside your own apartment, outside painting of the facade, building insurance and much more - all based on real life cases.