A bad practice of some administrators of gated communities in Colombia is dismissed by the law.
News Colombia.
In Colombia, there is horizontal property, which consists of a building divided into apartments or commercial premises that can be acquired and used independently.
Typically, these types of gated communities hire a professional to manage the funds that go into their coffers for site maintenance, to make payments for public services in common areas, and to cover the payroll of employees who perform different tasks within the site, such as, for example, who are part of the cleaning and sanitation tasks at the site.
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Law 675 of 2001 is the regulation that establishes a clear framework for decision-making, especially when it comes to imposing fines. The assembly of co-owners, as the supreme body, is the highest authority in these matters. It is in this space where regulations are approved, administrators are elected and important decisions for the residential complex are made.
This assembly is where the rules of coexistence and internal regulations are approved and the decisions that determine the well-being of the residents of the complex are made.
Decision-making is also supported by the board of directors, an executive body responsible for ensuring compliance with the assembly’s decisions.
It should be noted that the administrator is the legal representative of the residential complex and is responsible for implementing the decisions adopted at the assemblies and councils.
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