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Homeowners' association (wspólnota mieszkaniowa)

All the owners of units in one building or property. It comes into being by operation of law when the first unit in the building is established as separate property belonging to someone other than the previous owner.

The association manages the common parts, adopts resolutions and sets advance payments for upkeep costs. It often entrusts day-to-day management to a property manager.

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These definitions are for information only and describe the law in simplified form — they are not legal, tax or financial advice. Lendean is not a credit intermediary. Always confirm the details in your contract, with a notary or with the bank.

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