RESERVE FUND AND NEW CONDOMINIUM OWNER
❓ Identified Question
"Can a new condominium owner be prejudiced by condominium debts of a previous owner, considering the reserve fund?"
🎯 Direct Answer
As a rule, the new condominium owner is not liable for previous debts, but the reserve fund is managed for the benefit of the condominium as a whole.
Official Documentation
📋 Context & Applicability
Liability for previous debts depends on the regularization of the situation by the condominium.
The reserve fund is intended for common expenses and, as a rule, must be used for the benefit of all condominium owners.
- Verify the regularity of the condominium accounts.
- Confirm the application of the reserve fund to the proposed works.
✅ Technical Checklist
- Consult the condominium regulations.
- Review minutes of previous assemblies.
Legal Notice
This content is for informational purposes only and does not replace personalised legal advice.
Always confirm critical decisions with a qualified lawyer or professional.
The content is specific to Portuguese law and may not apply to other jurisdictions.