Modification or dissolution of the condominium
1. Is it possible to modify the statutes of an existing condominium? If so, does the modification have to be registered in the Land Registry? Are there circumstances in which the registrar can refuse registration of the modification? If the modification is not registered, does it become operative?
It is possible to modify the statutes of an existing condominium by a majority of at least 80% of the votes of the owners. This modification has to be incorporated in a notarial deed of modifying apartment rights. It has to be registered in the Land Register, otherwise it is not operative.
The registrar can only refuse the deed if it doesn’t meet some formal conditions. But the registrar cannot refuse because of the content of the statutes
2. Does your law provide a mechanism for dissolving: (a) the community or association of owners (b) the condominium arrangement? How would this be registered?
The condominium (statutes included) can be dissolved by a notarial deed of dissolving apartment rights. This notarial deed must be registered at the Land Register, otherwise it is not operative.