What Is Management? Building and Apartment Management Tips (2024 Guide)

Legal Framework

Condominium Law No. 634 and the related regulations form the legal basis for apartment and site management. The management plan, manager election, fee determination, and meeting procedures are all regulated within this framework.

Management Types

There are two main types of management in apartment buildings: unit owner management (a manager elected from among the unit owners) and professional management (by an external company or professional manager). Each has its own advantages and legal requirements.

Manager's Duties

The manager is responsible for executing general assembly decisions, collecting dues, keeping the decision book, maintaining common areas, and representing the building in legal matters.