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22 October 2024

What can a co-owner inspect?

The demand for transparency exists in every building, but few know exactly how far their right of inspection extends. Some read it too narrowly, others too broadly.

What can a co-owner inspect? – Merbo condominium management in Budapest

The basic principle is that every co-owner has the right to inspect documents concerning the common affairs of the building: the founding deed, the bylaws, minutes and resolutions, annual reports and accounts of how common costs were used. This right does not depend on attendance at a given meeting.

In practice the manager must provide access to these documents within reasonable time on request, either as a copy or through on site inspection. A digital document library turns this right into practically instant self service access.

There are limits: personal data of other owners, such as the details of a specific flat's payment delay or another owner's contact details, are not automatically public and are covered by data protection rules. Aggregated financial data is accessible to everyone.

A common misunderstanding is that the right of inspection also means a right to intervene or veto daily operations. It does not: inspection is a right to information, decision making remains with the general meeting.

If a manager unjustifiably refuses inspection, that itself can signal a breakdown of trust and may justify considering a change of manager.

Merbo provides every owner with access to their own and the common documents through the eHáz system, preventing the question of inspection from becoming a dispute at all.

Would you like your building in good hands?