Amendment to the Civil Code related to the co-owners pre-emption right

21.05.2019

The reintroduction of an unlimited pre-emption right by the co-owners has led to particular problems in relation with the transfer of ownership rights of garage spaces, land and cellars which were co-owned by all housing units owners.

On February 4, 2019, an amendment to the Civil Code was approved by the government, which under certain circumstances would allow and exemption from the pre-emption right, and would solve the above mentioned problems.

This amendment is proposed to be in force on 01.01.2020. Whether the amendment to the Civil Code will be adopted in the current available form now depends primarily on the legislative process.