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Following the demolition, as the property is turned into land, con-

dominium ownership rights or construction servitude on the property

terminates; and shared ownership shall be registered by title deed to the

owners in proportion to their share quantities. The future use of the

land shall be determined by the affirmative votes of the owners mak-

ing up two-thirds of the shares. The shares representing the dissident

votes shall be sold to the other owners by auction. As is seen, the

authority to determine the future use of the building, which may be

considered as an important decision, does not require an unanimous

decision by the owners; two-thirds of the shares is sufficient to adopt

such a decision. However, this may be deemed a threat to property

rights, since only two thirds is sufficient to take this important deci-

sion; although the purpose of the legislation is to eliminate risky build-

ings.

Possibility of Reinforcement for Risky Buildings

General Information

With the amendment of Article 8 of the Regulation by Article 4 of

the Regulation on the Amendment of the Regulation on Application of

the Law on the Transformation of Areas under Risk of Natural

Disaster, published in the Official Gazette dated 25.07.2014, the possi-

bility for owners to reinforce a risky building was adopted. The article

provides that the owners may decide to reinforce the building within

the period determined under Article 8/2 for demolition of the building.

Primarily, the owners shall receive a technical report which states that

the reinforcement is possible. Following the report, a decision con-

cerning the reinforcement shall be adopted, a project of reinforcement

shall be prepared and a building permit in accordance with the legisla-

tion shall be obtained.

Procedure for the Reinforcement Decision

Reference is made to Article 19/2 of the Law on Condominium

Property Ownership, concerning the procedure to be followed for the

adoption of the reinforcement decision. The relevant provision sets

forth that decisions concerning construction, renovation and additions

on the common areas of the main immovable shall be adopted by the

written consent of 4/5 of the owners. Therefore, the reinforcement of

MISCELLANEOUS

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