Laws of the management of Residential Complexes
- 1 Laws of the management of Residential Complexes
- 1.0.1 Types of housing units in compounds:
- 1.0.2 Advantages of residential compounds:
- 1.0.3 Management of residential complexes:
- 1.0.4 Laws of the management of residential complexes:
- 1.0.5 Revenues of the management of residential complexes:
- 1.0.6 How to cover the expenses of housing complex management:
No one can deny that choosing a house is very important for people and families. A comfortable accommodation and good services are considered one of those circumstances to choose a house. The demand for families in residential complexes has increased as they provide basic services as well as entertaining and security services.
Types of housing units in compounds:
Real estate in the compounds consists of one or more rooms (1 + 0 or 1 + 1 or more), they usually have residential services such as kitchen, bathroom, salon or more.
It is an apartment located on the top floor of the residential compound, and has an extension in the compound’s roof with a swimming pool and a terrace.
Looks like apartments but has two floors connected to each other by an internal staircase.
Twin House: is a villa but divided between two properties. Each property has an entrance and a garden with a private gate.
Townhouse: A villa with a small garden, the term townhouse is used for homes where each house has its own garden. These houses are adjacent in a row and a uniform shape
Detached villa: It is an independent property with its own garden and gate, and a wall surrounds it. Inside the villa all residential services are available such as a kitchen, rooms, bathroom, living and reception, the villa is usually 2 or 3 floors.
Advantages of residential compounds:
- Safety and security
One of the advantages of living in compound apartment is the sense of security and safety within the compound, as a group of security personnel supervises and guards the compound’s entrances and checks all visitors and make sure that they have a visitor identity, this reduces the probability of problems and crimes to occur.
- Outstanding geographical location
Construction sites are chosen with great care to construct residential compounds, where an attractive and charming views are and this ease marketing the apartments.
- Modernity and development in the design of
When constructing these residential compounds, modern and sophisticated construction methods and tools are used in order to compete with others in the same market. They are also built to resist earthquakes and natural disasters.
- Services and recreational places
The idea of establishing residential complexes began to provide an integrated environment within the complex. Because services and goods are located within the residential compound, people do not have to leave it to secure their needs. This saves time and effort for the residents of the compound. Services such as swimming pools, clubs and gyms, BBQ areas are provided, in addition to providing dedicated areas for children.
Management of residential complexes:
Residential compounds are run by rules and regulations where people cannot manage them. Personals are only to serve the compounds within the laws governing their operation. The people behind preparing the laws governing the complexes are people are high experienced in this area, and the developed systems are laid to serve the managerial aspects of the compound and a guide for all procedures.
- A group of people are assigned to manage the compound called “ owner’s council” as the compound cannot be managed by individuals.
- The main objective of the complex management is to provide administrative and practical services within a proposed budget, through a vision that aims to increase the value of the real estate and achieve the resident’s satisfaction in terms of security, safety and good management. The position of management and oversight of these boards is elected and appointed within the framework of the Law on Floor Property No. 643
- The plan of the managers of the complex must be compliant with the law of floor ownership, it also has to be social and characterized by a legal, financial and effective management, skillful requirements shall be met, and have a vision of real estate growth of the complexes and the satisfaction of the residents.
Laws of the management of residential complexes:
In order for the complexes to provide good management to maintain the level of the residential complex, and raise the level of satisfaction of the population of the complex, laws regulated a specific method managing the residential complexes, with multiple systems and laws such as:
- The management of residential complexes is carried out by landlords, where they are required to be committed to an administrative method in the management of residential complexes and rely on what is stipulated by the laws.
- The Board of Owners must hold at least one or two meetings per year.
- The Board of Owners is set up by the majority that meets the conditions of the Board decisions are taken by voting.
- Decisions taken by the Board are mandatory for all owners under the Floor Ownership Law .
- The manager of the residential complex must submit a periodic financial report to the owners’ council according to the planned given duration.
- Problems between owners, managers or oversight committee are resolved by the board.
- The owner has the right to object to the decisions taken in the board of owners and can resort to the court when he is unable to reach an understanding with the Council.
Revenues of the management of residential complexes:
In order to maintain the security, cleanliness and maintenance of residential complexes requires the use of resources, energies and specific tools. In order to meet these needs, periodic expenses must be provided. The basic needs are to provide security, cleaning and maintenance services according to the ownership laws. Theses expenses are distributed on the residents.
How to cover the expenses of housing complex management:
The floor law regulated a method of allocating the expenses of the administration of the complex on the population. It also gave the space for other special provisions for the administration of the apartment complex to include, such as the approval of certain forms of restrictive compulsory distribution, according to factors such as:
- Property area.
- Share in land ownership.
- Evenly or differently division.
Accordingly, these expenses should be paid by the shareholders in advance. Whoever is late in paying these expenses and in accordance with the law, the management of the complex has the right to take legal action against shareholders who do not make payments in advance. These procedures range from the demand for payment to filing a lawsuit and may result in a legal mortgage on the property, which in some cases may result in a decision to transfer ownership.