FROM 2020, 1M2 OF THE PRIVATELY-OWNED APARTMENTS IS EQUAL TO 1 VOTE AT APARTMENT BUILDING MEETING
This new content is prescribed in the Circular No. 06/2019/TT-BXD dated October 31, 2019 of the Ministry of Construction on amending and supplementing some Articles of Circulars on management and use of apartment buildings.
According to the Circular No. 02/2016/TT-BXD, rights to vote at apartment block and apartment complex meetings are based on number of the flat; each flat equivalent to 01 vote.
However, this provision now is amended in this Circular. Accordingly, rights to vote at apartment block and apartment complex meetings are based on the areas of the privately-owned apartments and other areas of the apartment building, in which 1m2 is in proportion to 01 vote.
Moreover, this Circular also issues additional provision that allow owners of apartments or other areas of the apartment building may authorize other owners in the apartment building or the occupants to attend the meeting and vote on behalf of the owners.
As previous provision in the former Circular, decisions on maintenance of commonly-owned areas made by the Management Board of the apartment block should be voted in favor by 100% of the Management Board’s members, except for others absence because of force majeure reasons. Then in this new Circular, decisions on maintenance of commonly-owned areas made by the Management Board of the apartment block should be voted in favor by at least 75% of the Management Board’s members.
This Circular takes effect on January 01, 2020.
