The Condominium Act is to be amended. To this end, the Federal Ministry of Justice and Consumer Protection wanted to present a draft law by the end of 2019. On 13.01.2020 the draft bill was published and sent to numerous associations for comments. The draft law contains the following essential changes:

  • Renovation and modernisation are to be simplified
  • The Community is to become the managing body
  • More powers should be given to administrators
  • Owners' meetings and resolutions should be simplified
  • some more

The real estate associations now have time to comment on the draft law.