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Obligation of Associations of Unit Owners to modify its name in Czech Republic

18 Sep 2015

 

Obligations of Association of Unit Owners to modify its name in Czech Republic

Associations of unit owners (“AUO”), as well as other associations and corporations regulated by the Civil Code, are in connection with the new Civil Code obliged  to adapt their foundation deeds or statutes to the new legislation.

Corporations (associations and AUOs) have 3 years from the effectiveness of the law for such adaptation, i.e. till the end of the year 2016. However, in case the name of the corporation (association) contravenes the law (e.g. the name of the AUO does not contain the words „association of owners“ or specification of the house, in which it exists) it is the duty of such corporation to change such name within 2 years from effectiveness of the Civil Code, i.e. till the end of year 2015.

If you consider to use our legal advisory in this regards or should you have any queries, please do not hesitate to contact us, we will be pleased to assist you

Can we help you further? Contact us!

Contact:

Jan Roub

Legal Director

jan.roub@accace.com

+420 222753480-1


Read more our news:
  • Changes in founding documents in Czech Republic
  • Checklist for eShops in Czech Republic

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Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

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