Definition : Act of acquisition of immovables by the syndicate of co-owners

Legal act by which a syndicate of co-owners obtains the ownership of an immovable (e.g. land or the janitor’s apartment) or obtains rights upon an immovable (e.g. a servitude on the land adjacent to the co-ownership). This deed is usually signed before a notary. The general meeting of co-owners must approve an acquisition of immovables by the syndicate of co-owners, by a double majority.

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  The first step in the preparation of a General Meeting of co-owners is to prepare a complete agenda. Even though there is no legal formalism governing its fine print, the agenda must be sufficiently specific. It must mention all the questions and items to be tabled before the General Meeting. You will find here under some useful pointers for preparing and drafting an agenda.
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The resolutions of the General Meeting of the co-owners are adopted or rejected, as the case may be, if a majority is reached or not. Depending on the repercussions such resolutions may have on the co-ownership, the majority required will be more or less difficult to achieve. The General Meeting of the co-owners adjudicates at two different majority levels: absolute majority and double majorities (enhanced majorities).
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