In Malta, there are specific rights and regulations set in place for those who choose to own a condominium. The Malta Condominium Act was created to regulate the obligations of condominium owners and responsibilities of the administrators. It ensures owners have more enjoyment and protection as they invest in this type of real estate.
Understanding the Malta Condominium Act can help you gain a greater understanding of the benefits of owning a condominium or apartment in Malta. It can also allow you to discover when your rights may be violated.
Being aware of your rights and obligations can help you become a more educated and responsible condominium owner.
The act was first established in 1997, and had amendments made since. It helps to prevent the various problems that can arise with condominium ownership by clearly stating the obligations, responsibilities and rights of all parties involved.
In this guide, you’ll learn the benefits of registering your condominium, what is considered to be a part of the Common Part and what to do if you aren’t satisfied with those who work as the administrators of the Common Part. Finally, you’ll also learn how decisions are approved for a condominium that you may own or are looking to purchase.
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