Minister Ioannou Urges Immediate Action On Communal Building Laws

  • לפני22 שעות
  • News
  • 1

Interior Minister Konstantinos Ioannou has issued a formal call for the modernization of communal property laws, describing the current lack of oversight as a significant risk to urban safety. Following recent structural incidents in Germasogeia, the Minister highlighted that thousands of apartment buildings across Cyprus are currently operating without effective management or supervision.

The Minister argued that the time for debate has passed and that the ‘Management of Shared Buildings Law’ must be finalized to protect both residents and the integrity of the national building stock.

The Challenges of Unmanaged Buildings

According to the Ministry of Interior, the absence of a standardized legal framework has created a difficult environment for the nearly 50% of the population living in shared developments.

Key issues identified by the Minister include:

  • Absence of Oversight: Many buildings lack active management committees to coordinate essential repairs.

  • Financial Impasses: Existing committees often struggle to collect common fees, leading to the gradual deterioration of shared areas.

  • Legal Gaps: The current framework provides few tools for enforcing maintenance obligations or resolving disputes between neighbors.

Provisions of the 2023 Reform Bill

The government’s proposed legislation, which has been under discussion since August 2023, aims to replace the current system with a functional, modern model of accountability.

The bill introduces several protective measures:

  1. Mandatory Maintenance Funds: Establishing a fixed fund for every building to ensure capital is available for long term structural upkeep.

  2. Compulsory Unit Insurance: Requiring all owners to maintain insurance coverage for their units and the shared structure.

  3. Transfer Compliance: Making a ‘Certificate of Non-Debt’ regarding communal fees a prerequisite for selling or transferring a property.

  4. District Supervision: Placing management oversight under the new District Local Government Organizations (EOAs) to ensure compliance.

Addressing Staffing and Financial Concerns

While some local organizations expressed reservations regarding the cost of these new supervisory duties, a study by the Land Registry indicates the transition is highly manageable.

The findings show that only 30 staff members are needed nationwide to oversee the new system, and the costs would be fully offset by the administrative fees built into the legislation. This data suggests that the staffing hurdle is no longer a valid reason for delaying the bill.

A Call for Legislative Responsibility

Minister Ioannou concluded his appeal by urging Parliament to move forward with the passage of the bill without further postponement. He noted that the issue transcends property management, focusing instead on the long-term safety and quality of life for the Cypriot public.

The Ministry has declared its full readiness to cooperate with all political parties and industry bodies to finalize this framework, ensuring that the island’s building stock remains a safe and reliable asset for all.

Source: stockwatch.com.cy

Compare listings

לְהַשְׁווֹת
error: Content is protected !!