NEWSLETTER 11-2021: WEG AMENDMENT 2022 – CHANGES IN HOUSING PROPERTY LAW
At the beginning of 2022, the first part of the planned amendment to the Condominium Ownership Act (WEG) will come into force, and the second part will come into force on July 1st. This amendment provides for a fictitious consent for certain changes that, from the legislator’s point of view, are worthy of privilege. Furthermore, the apartment owners’ voting regulations and the majority requirements will be changed. In addition, a minimum allocation to the reserve will be introduced.
In 2022, the amendment to the Condominium Ownership Act will come into force in two stages, namely on January 1st and July 1st, 2022. Against this background, we would like to present the key points of the amendment below.
In our current newsletter we will inform you in detail about the planned changes.