A condominium is a building or a complex of buildings intended for residential use, where ownership is divided among multiple owners, known as co-owners.
Each co-owner holds two parts: ✅ Private part – their apartment, basement, or parking space. ✅ Share of common areas – hallways, elevators, green spaces, boiler room, etc.
📜 Important! Condominium management in France is regulated by Law No. 65-557 of July 10, 1965, and Decree No. 67-223 of March 17, 1967.
👥 WHAT IS THE CO-OWNERS’ SYNDICATE?
The co-owners’ syndicate includes all property owners in the condominium without exception.
📌 Main responsibilities:
🔹 Managing the common areas of the building. 🔹 Maintaining and improving the property. 🔹 Protecting the collective interests of all co-owners.
⚖️ Legal status: The co-owners’ syndicate is considered a legal entity, meaning it has rights, obligations, and can be held legally responsible.
📅 How are decisions made? Once a year, a general assembly of co-owners is held, where votes are cast on key matters such as: 📝 Budget and expenses. 📑 Election of the property manager (syndic). 🔧 Major renovations and repairs.
🏢 THE PROPERTY MANAGER – A KEY FIGURE!
The property manager (syndic) is an individual or company responsible for executing the decisions made at the general assembly and handling the day-to-day management of the condominium.
📌 Main responsibilities:
✔️ Managing the condominium’s accounting. ✔️ Signing contracts for maintenance and repairs. ✔️ Ensuring compliance with condominium rules. ✔️ Informing co-owners about important matters.
🔎 How is the property manager selected? ✅ Professional (a company or a certified specialist). ✅ Non-professional (a co-owner managing the property).
The property manager is elected by vote during the general assembly of co-owners.
🏛️ THE CONDOMINIUM COUNCIL – THE MAIN SUPERVISOR
The condominium council is a group of elected co-owners responsible for overseeing the property manager’s work and assisting the syndicate in management.
📋 Main responsibilities:
🔎 Monitoring the accounting. 📑 Reviewing contracts and agreements. 💰 Controlling the allocation of expenses. 📊 Participating in budget preparation.
👥 Who can join the council? Any volunteer co-owner elected at the general assembly.
⚠️ Important! If a condominium has fewer than 5 units or an average budget of less than €15,000 over three years, forming a council is not mandatory.
📌 CONCLUSION
Now you know who manages your condominium and how!
✔️ Co-owners’ syndicate – makes key decisions. ✔️ Property manager – implements these decisions. ✔️ Condominium council – supervises the process.
🏡 Efficient management ensures a comfortable living environment in your home!