January 28 housing cooperatives reform affects economic environment and cooperation models with external entities.
Amendment to Housing Cooperatives Act Effective
The amendment to the Housing Cooperatives Act (u.s.m.), which came into force on January 28, affects the way the entire economic environment of cooperatives functions.
This reform also impacts the model of cooperation with external entities.
Changes Affect Multiple Stakeholders
The changes extend beyond cooperative bodies to include entrepreneurs with commercial or residential premises in cooperatives, particularly natural persons conducting individual business activities.
Other affected parties include professional property managers, law firms handling disputes over premises, advisory firms carrying out transformation projects, and providers of tools for meetings and voting.
