Legal and Economic Conditions for Parking Place Management in the Homeowners Associations

Elżbieta Jasińska
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Elżbieta Jasińska: AGH University of Science and Technology in Krakow, Faculty of Mining Surveying and Environmental Engineering, Department of Geomatics

World of Real Estate Journal (Swiat Nieruchomosci), 2015, issue 94, 51-56

Abstract: The perception of multi-family houses has been changing for years. These changes were accompanied by the gaps in the construction law, the lack of local spatial development plans or fiscal regulations concerning the amount of charges and taxes for the selected parts of the real property. This article presents the selected aspects of managing the common areas of the real property, illustrated with an example of parking places. The key issues of concern resulting from different approaches to these places as a common property are discussed and analysed. The differences in their perception as a part of land or building or as independent premises being a separate property are described. The final part of the publication presents the controversies arising with regard to such real properties and concerning the separation of individual land properties intended only and exclusively for parking purposes or introduction of package deals, in which the purchase price of a parking place is supposed to compensate the price of residential premises.

Keywords: parking place; homeowners associations; common property; real estate management (search for similar items in EconPapers)
JEL-codes: R31 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:kra:journl:y:2015:i:94:p:51-56

DOI: 10.14659/worej.2015.94.08

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