Multi-Unit Developments Act 2011

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Number 2 of 2011

MULTI-UNIT DEVELOPMENTS ACT 2011

ARRANGEMENT OF SECTIONS

Section

1. Interpretation.

2. Application of Act.

3. Conditions relating to sale of units in multi-unit developments.

4. Transfer of common areas in cases where section 3 does not apply.

5. Obligation of developer to transfer ownership of common areas of completed developments to owners’ management company.

6. Owners’ management company to join in transfer to purchasers.

7. Obligations to complete development to remain with developer.

8. Automatic transfer of membership of owners’ management company on sale of unit.

9. Consequences of transfer of common areas.

10. Transfer of ownership of parts of a multi-unit development.

11. Determination of certain beneficial interests on completion of development.

12. Determination of certain beneficial interests in common areas in certain cases.

13. Right of management company to effect essential repairs.

14. Structure of certain owners’ management companies.

15. Structure of certain owners’ management companies (existing developments).

16. Life Directors and long term directors of owners’ management companies.

17. Annual meetings and reports of owners’ management companies.

18. Annual service charges.

19. Sinking fund.

20. Application of section 19 to certain developments.

21. Owners’ management company annual charges.

22. Recovery of charges and contributions.

23. House rules.

24. Dispute resolution and rehabilitation of multi-unit developments.

25. Persons who may apply under section 24.

26. Jurisdiction and venue of Circuit Court.

27. Mediation conferences.

28. Report of chairperson of mediation conference.

29. Saver for existing jurisdictions.

30. Restoration of certain companies to register.

31. Transfer of benefit of guarantees and warranties.

32. Restriction on entering into certain contracts.

33. Exercise of power to make regulations.

34. Short title and commencement.

SCHEDULE 1

Provisions of this Act which apply to multi-unit developments comprising 2 or more residential units but less than 5 residential units

SCHEDULE 2

Provisions of Act which apply to multi-unit developments to which section 2 (2) Refers

SCHEDULE 3

Documentation to be handed over pursuant to section 31 (2)

Acts Referred to

Number 2 of 2011

MULTI-UNIT DEVELOPMENTS ACT 2011

AN ACT TO AMEND THE LAW RELATING TO THE OWNERSHIP AND MANAGEMENT OF THE COMMON AREAS OF MULTI-UNIT DEVELOPMENTS AND TO FACILITATE THE FAIR, EFFICIENT AND EFFECTIVE MANAGEMENT OF BODIES RESPONSIBLE FOR THE MANAGEMENT OF SUCH COMMON AREAS, AND TO PROVIDE FOR RELATED MATTERS.

[24th January, 2011]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: