Legal Liability of the Apartment Manager
The manager has broad powers, but what is their liability in return? We explain the legal liability of the manager based on the KMK.
From dues tracking to Condominium Law, resident communication to board decisions — practical articles born from real experience.
The manager has broad powers, but what is their liability in return? We explain the legal liability of the manager based on the KMK.
The manager is the person who carries out the decisions of the board of unit owners; the manager does not have unlimited authority. Not knowing the limits of authority puts both the manager and the owner in a difficult position.
The operating ledger is the financial book in which the building's income and expenses are recorded. It forms the foundation of the manager's obligation to give account. In this article, we explain the operating ledger and transparent accountability.
We'd like to use analytics cookies to improve our site and your experience. If you decline, no tracking is done beyond essential functional cookies. For details, see our Cookie Policy and KVKK Notice pages.