Condominium ownership
PPE is a very common form of ownership in Switzerland, particularly for flats. It allows each owner to own a private lot while sharing the common areas of the building.
Why it matters
Condominium ownership entails rights, but also obligations, particularly with regard to charges, renovation funds and collective decisions.
The Axic Council
Before purchasing a flat, it is essential to analyse the regulations, minutes and the state of the renovation fund.
