Co-ownership
Published on June 15th, 2015
COMPETITIVE TENDERING OBLIGATION FOR PROPERTY MANAGEMENT FIRMS
Valérie Valeux
Partner
Caroline Moulin
Lawyer
Law n°2014-366 from March 24, 2014 – also called ALUR law - concerning access to housing and new urban planning has amended the 21st article of law n°65-557 from July 10, 1965 fixing the status of co-ownership for constructed buildings. Competitive contracts for managing agents must now be tendered before the designation of an agent.