New Proxy Rules in Housing Cooperatives and Easier Property Ownership Transfer
This law introduces significant changes for housing cooperative members. It facilitates the court establishment of separate property ownership if the cooperative is inactive and clarifies rules for member representation at general assemblies, introducing new requirements for proxies.
Key points
Easier Property Ownership: If a cooperative fails to take necessary actions to transfer ownership, a court can rule on establishing separate ownership of the premises upon request of an entitled person.
New Rules for Proxies at General Assemblies: A close person, a lawyer, or another cooperative member can be a proxy. However, proxies cannot vote on the election of the supervisory board or management board members.
Mandatory Declaration for Close Person Proxies: A close person acting as a proxy must submit a declaration confirming this status under penalty of criminal liability for false statements.
Proxy Document Submission Deadline: Proxy documents (along with any required declaration) must be delivered to the cooperative no later than 3 days before the general assembly.
58%
VOTING RESULTS
2025-12-04
For
253
Against
0
Abstain
181
Status:
Enacted
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