Article 123.12: Basic provisions on partnership of owners of real estate

1. The association of owners of real estate is recognized as the voluntary association of owners of real property (houses in a building, including a multi-family house, or in several buildings, i.e. Houses, orchards, orchards or gardens, etc., created by them for joint ownership, use and, within the limits established by law, for the disposal of property (goods), 2. The statute of the partnership of owners of real estate shall contain the following provisions: information on its name, which includes the words «participation of the owners of real estate», the location, object and purpose of its activities, the composition and competence of the bodies of the partnership and the manner in which 2.1. The State party shall take all necessary measures to ensure that the State party is in a position to comply with its obligations under the Covenant, in accordance with the provisions of the Convention. 3. The group of owners of real estate does not meet the obligations of its members. 4. The property owner ' s association may be transformed into a consumer cooperative by decision of its members.