Issues on improving condominium activities discussed with PM Karapetyan
Prime Minister of Armenia, Karen Karapetyan on Friday held a consultation that focused on issues on improving the activities of condominiums, the press office of the Government reports.
The Ministry of Justice presented the draft law of the Republic of Armenia “On management of multi-apartment buildings,” which addresses issues not regulated by the currently applicable law.
The bill clearly defines multi-apartment building managers’ responsibilities, sets out requirements for professional management, envisages administrative and civil sanctions in case of non-compliance.
The PM tasked to continue exploring the international experience in the management of condominiums, emphasizing that practical work should be organized as efficiently as possible, taking into account the existing problems and shortcomings.