Condominium General Meetings in Hungary: Resolutions, Quorum Rules & Legal Risks
Introduction In Hungary, the Condominium General Meeting (közgyűlés) is the sovereign decision-making body of all apartment co-owners. Key financial and operational matters are decided here: setting common charges (közös költség), approving major renovation projects, electing or dismissing the common representative (közös képviselő), and amending House Rules or the Organizational and Operational Rules (SZMSZ). For foreign…