When a property is held by multiple owners, it is natural for each co-owner to hold differing perspectives regarding its use, management, or ultimate disposition. Without clear and timely legal framework governing these relationships, avoidable misunderstandings and escalated disputes frequently arise. Establishing a legally robust structure early on is crucial for safeguarding property value and preserving functional co-ownership dynamics.
How We Can Help You
- Management and Material Alterations of Co-Owned Property
We draft co-ownership management agreements governing day-to-day administration, as well as formal agreements concerning material alterations or significant changes to the property. - Statutory Right of First Refusal
When our client intends to sell their co-ownership share, we execute a compliant statutory offering procedure. We draft the formal buyout offer to the remaining co-owners and, upon expiration of the statutory notice period, prepare all transaction documentation to ensure full regulatory compliance. - Excessive Use of Co-Owned Property
If a co-owner uses the property beyond the scope of their undivided share or restricts other co-owners from exercising their rights, we structure an appropriate legal strategy—including claims for financial compensation for excessive use (unjust enrichment/compensation for over-use). - Maintenance, Repair, and Preservation Expenses
We assist co-owners in establishing clear contractual rules for sharing maintenance, repair, and preservation costs. We assess each co-owner's contribution obligations and draft binding agreements to prevent future conflicts. In active disputes, we issue formal demand letters and represent clients in recovery litigation. - Dissolution and Settlement of Undivided Co-Ownership
We draft out-of-court dissolution and settlement agreements. Where an amicable settlement cannot be reached, we file court petitions and provide complete legal representation in judicial proceedings for the dissolution and partition of co-ownership. - Grounds of Special Consideration (Dôvody hodné osobitného zreteľa)
If you face a court action for the involuntary dissolution of co-ownership, we evaluate whether statutory grounds of special consideration exist under which the court may refuse to dissolve and settle the co-ownership. We develop a robust legal defense to safeguard your property interests.
Guide
A guide to fractional co-ownership
Pozrieť sprievodcu →If you wish to discuss your legal needs, please do not hesitate to reach out to us via email at info@akvlkova.sk or at +421 949 203 288.