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Lexiel/Glossary/Condominium / Horizontal property
Legal definition
Civil law

Condominium / Horizontal property

Legal regime for buildings divided into flats or premises with common elements. Each owner holds exclusive ownership of their private element and a participation quota in the common elements. The Owners Community adopts resolutions at meetings and is governed by the LPH 1960 (amended in 2024 for energy efficiency).

Ley 49/1960 LPH

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Condominium / Horizontal property: Legal definition | Lexiel Glossary