Charges and statements
Apportionment by share, calls for funds, the annual statement, unpaid charges and the fonds de travaux (the statutory works fund): the financial side of your condominium.
5 articles
How are my condominium charges apportioned?Shares, thousandths, the test of usefulness: the apportionment rules laid down by the 1975 Law, and what your condominium regulations may provide.
Calls for funds and advances: on what basis does the syndic ask for them?Working-capital advance, start-of-year advance, quarterly instalments: the ceilings set by the Grand Ducal Regulation of 13 June 1975.
The annual statement of charges: how do I read it?The statement settles the gap between the advances you paid and your actual charges. What it contains, and what you can check before approving it.
Unpaid charges: what are the consequences for a co-owner?Default interest, statutory mortgage, lien over the rent: the remedies available to the syndicat, and why it pays to talk to us early.
The compulsory fonds de travaux: what changed in 2023Since 1 August 2023, every Luxembourg condominium must build up a works fund financed by a compulsory annual contribution.
A question about your condominium ?
Our team will answer you on your own file, your condominium regulations and your building.
General information on Luxembourg condominium law (the amended Law of 16 May 1975 and the Grand Ducal Regulation of 13 June 1975, in their consolidated version applicable as at 1 August 2023). Your own règlement de copropriété may lay down specific rules, which prevail within the limits set by the law. This content is not legal advice.