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The essential information about the deed of division of a VvE
If you are a member of an Owners' Association (VvE), you have probably heard of the deed by split. But what does this deed exactly and why is it so important to you as an owner? In this article we will share the essential information about the deed by split explain a VvE in understandable language.
What is the deed of division?
The deed by split is een notariële deed in which the rights and obligations of the owners within a VvE are laid down. In this deed the VvE is split into different apartment rights, with each apartment right corresponding to a part of the building and a share in the common areas.
Why is the deed of division important?
The deed by split forms the legal basis of the VvE and regulates, among other things, the distribution key for the service costs, the voting rights of the owners and the obligations of the VvE. It is therefore essential that all owners are aware of the contents of the deed and adhere to it.
What does the deed of division state?
The deed by split includes the following information:
- The description of the different apartment rights
- The distribution of the common areas
- The distribution key for service costs
- The rules for the use and maintenance of the building
- The provisions regarding voting rights within the VvE
Conclusion
The deed by split is an essential document for every VvE, as it forms the basis for the mutual relationships between the owners and the VvE. It is therefore important that all owners are aware of the contents of the deed and adhere to them to avoid conflicts and misunderstandings.
Frequently asked questions
1. Do I need to have the deed of division translated if I am a foreign owner?
Yes, it is wise to deed by split to have it translated into your own language so that you can understand the content properly.
2. Can Ecrivus Multimedia assist with translating the deed of division?
Yes, Ecrivus Multimedia is a full-service translation agency that specializes in sworn translations and apostilles.
3. What other types of official documents can Ecrivus Multimedia translate?
Ecrivus Multimedia can translate the following documents, among others:
- Birth certificate
- Marriage certificate
- Criminal record
- Testament
- Notarized deed
- And much more…
4. In which languages can Ecrivus Multimedia translate?
Ecrivus Multimedia can translate into the following languages, among others:
- English
- Spanish
- French
- German
- Italian
- Chinese
- Russian
- Arabic
- Portuguese
- And much more…
A deed by split, also division deed genoemd, is een notariële deed in which the rights and obligations of the various owners and the Owners' Association (VvE) are laid down. This deed is essential for a well-functioning VvE and regulates, among other things, the distribution of the common property and the costs.
In the division deed describes how the building is divided into different apartments and how the common areas are managed. It also records the different voting ratios within the VvE, as well as the amount of the contribution that each owner must pay.
It is very important that the division deed contains clear and unambiguous agreements, so that no misunderstandings arise about the rights and obligations of the owners and the VvE. If there are any ambiguities, the division deed be amended by means of an amendment deed.
All owners are obliged to comply with the rules and agreements set out in the division deed to comply with. This also applies to any tenants of the apartments. Failure to comply with the rules can lead to conflicts within the VvE and even to legal action.
When purchasing an apartment, it is wise to division deed properly checked by a lawyer or specialized VvE manager. This way you avoid surprises and you know exactly what your rights and obligations are as an owner. It is also important to stay informed of any changes in the division deed.
The division deed must be registered in the public registers of the Land Registry, so that it is visible to everyone. In this way, a potential buyer can take note of the rules and agreements within the VvE in advance and knows where he stands.
In short, the division deed is an important document for a well-functioning VvE and it is essential that all owners adhere to the agreements laid down in it. It is therefore advisable to contact the board of the VvE or a specialist in the field of VvE management in case of any questions or uncertainties.
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