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?

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?

It is possible to modify the existing statutes which are determined by law by voting in community of association of owners. For the modified statutes to have over third persons it has to be registered in the Land Registry. Registrar can refuse to register the modifications if they are not voted with the required amount of votes from the association of owners.

It is not possible to dissolute the condominium or the community of association of owners. The Law On Residential Properties does not allow such possibility.