Morocco Reforms Co-ownership Law to Streamline Property Management
The Moroccan parliament has adopted on Monday a bill amending and supplementing law No. 18-00 relating to the status of the co-ownership of built-up properties.
The objective of this text initiated by the Haraki Group and supported by the government is to improve the management of co-owners’ syndicates and strengthen legal communication between co-owners.
From now on, the possibility is given to one or more co-owners to convene a general meeting. The notice of meeting, specifying the date, time, place and agenda of the meeting, must be sent by any legal means or by bailiff to all concerned parties fifteen days before the date of the meeting.
The bill also provides for the diversification of legal communication methods for more efficient management of co-owners’ syndicates. It also requires the exhaustion of peaceful dispute resolution methods (mediation, conciliation) between co-owners before any recourse to justice.
Furthermore, it is mandatory for the syndic or the syndical council to notify the decisions resulting from the general meetings to all co-owners within a maximum period of eight
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