Article 33. The share of the owner of an apartment, non-residential premises, parking space, storage room in the total property of the condominium facility of the Housing Relations Act

Home / RLA / Article 33. The share of the owner of an apartment, non-residential premises, parking space, storage room in the total property of the condominium facility of the Housing Relations Act

1. The share in the total property of the condominium owned by the owner is inseparable from the ownership of the apartment, non-residential premises, parking space, storage room belonging to him and is assigned to the apartment, non-residential premises, parking space, storage room.

The size of the share is determined by the ratio of the usable area of an apartment or the area of a non-residential building, parking space, storage room, which are individually (separately) owned, to the sum of the usable areas of all apartments and the areas of all non-residential premises, parking spaces, storerooms located in this condominium facility. Such a share cannot be allocated in kind.

2. If non-residential premises are attached to an apartment building or the size of the total area of apartments or the area of non-residential premises in individual (separate) ownership changes, the size of the shares in the total property of the condominium object is recalculated. Such changes are subject to state registration.

3. The transfer of ownership of an apartment, non-residential premises, parking space, storage room entails the transfer to the owner of the corresponding share in the total property of the condominium object, as well as the rights and obligations to maintain this share.

The Law of the Republic of Kazakhstan dated April 16, 1997 No. 94.

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