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Property administration (Flat ownership)

In flat ownership, administrative measures must be distinguished between ordinary and extraordinary. Ordinary administration concerns measures such as preservation of general areas, establishment of reserves, and the adequate insurance of the property. In this field, the majority of flat owners or the administrator respectively made the decision as soon as one is ordered. Structural modifications that transcend preservation, as well as useful improvements, are measures of extraordinary administration. In this case, the administrator may only act on the basis of a majority resolution. All other extraordinary administrative measures are regulated in the General Civil Code (ABGB) and require the agreement of all flat owners.