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What does the Condominium Act establish?

This law regulates the ownership of buildings divided into different properties, prohibiting certain uses. It defines rights and obligations between owners, managing aspects such as common expenses, use of private areas and conflict resolution.

It addresses issues including setting up and terminating condominiums, rules for community living, the powers of the owners' association, service charges, convening and holding meetings, the types of majorities required for taking decisions and the duties of the managing agent.

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