Article
24(1) of the Horizontal Property Law (hereinafter HPL) states that "The
special property regime established in article 396 of the Civil Code —which refers
to horizontal property— shall be applicable to those ‘private real estate
complexes’ that meet the following requirements:
a. Be
made up of two or more buildings or plots of land independent of each other
whose main purpose is dwellings or premises.
b.
The owners of these properties, or
of the dwellings or premises into which they are divided horizontally, shall
participate, as inherent to this right, in an indivisible co-ownership over
other real estate elements, roads, facilities or services”.
The
questions we ask ourselves are, what a “real estate complex” is, how we can identify
it, and what its form of constitution and governance is, according to the HPL
that regulates them.
