Friday, February 12, 2010

Kates Playgroundstream

When the administrator is required to change

There is legislation of the Civil Code which provides that for apartment buildings over 4 units is required the administrator of the condominium.
A condominium can then manage themselves?
The answer is in principle yes, but what's the risk?
First of all there is to say that it is the administrator of the condominium a condominium willing to deal with the bills, is also the legal representative of the building. On it subject to rights of recourse for any claims and liability in the non-implementation of Assembly resolutions. This means that if it was decided to secure the building, and has instructed the administrator to obtain quotes for formulating an insurance policy and what was not done, the administrator shall pay an amount of liability to the condominium, and shall respond!
also should be noted that the constitution of the building, often associated with the implementation by the manufacturer, when they already started the contracts of utilities (electricity, water, Certification and fire extinguishers, elevator ... etc.) will have its time allocation of the tax code already done the same building. This tax code is the legal representative award year to year. The legal representative is the administrator, be it a condominium (willing) or a professional administrator. The registration of legal liability from the Inland Revenue, it also means the holder of the registration of the liability is notified irregularities and sanctions for breaches of the building tax. The building as we know, is withholding. This means that for providers subject to withholding tax, is required to pay (through the administrator or the condominium willing) the withholding tax within 16 days of the month following the payment and send to the 770 condominium and send the following year certification payments made to their suppliers.
this whole series of requirements is logically proportional to the number of users, services and anything else that is connected to the building: it is saying that the condo is more bigger, you will need to consult a professional administrator.
article Nicola Mancini - Director of Condominium

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