In Makkah, the Common Ownership Law of 2025 has significant implications for property owners in shared spaces. Understanding your rights and responsibilities as a co-owner is crucial. 🛡️ Rights of Co-Owners:
  • Exclusive and undivided ownership of units within common properties
  • Access and use of common areas (e.g., elevators, lobbies)
  • Voting rights in decision-making
    • 🤝 Duties of Co-Owners:
  • Contribute to the maintenance and upkeep of common areas
  • Respect and adhere to community regulations
  • Seek approval for alterations or modifications to units
    • ⚙️ Property Management Procedures:
  • Establishment of a Homeowners Association (HOA)
  • Annual meetings to discuss budget, maintenance, and rules
  • Appointment of a property manager to oversee operations
    • Don't navigate common ownership alone! Get informed today. Visit our website for more details: https://www.realfast-estate.info/en/kup/chatbot_list/ RealEstate SaudiArabia CommonOwnershipLaw PropertyManagement