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Stage 2 (cont.): electing and appointing the representatives

The practical steps to choose and empower a representation the whole building can trust.

By Attorney Noam Gottlib

There's a tendency to think urban renewal is a tangled, worrying process. As we've seen, it brings better quality of life, higher apartment values, protection and new opportunities — and we're here to reassure, walk hand in hand, make the information accessible and carry the process safely. Last time we saw the first stage — convening the meeting and the representation's roles. This time: how the representation is actually elected and appointed.

The election meeting

For the meeting at which the representation is elected, it's important that more than 50% of the building's owners attend (Zoom works when owners live far away). The election runs democratically and transparently during the meeting — every owner who wants to volunteer may stand.

The letter of authorization

The election and appointment are made through a letter of consent signed by the owners — and the appointment takes effect only once 51% of the owners have signed. The authorization text includes the representation's undertakings to act in good faith, reasonably and with clean hands.

  • In pinui-binui, a representation is elected per building or entrance. Where there's no take-up, one building's/entrance's representation can serve all — but that requires a majority resolution of the owners in those buildings. Either way, the elected representations join into one representation for the whole complex.
  • Important: signing the authorization letter is NOT a commitment to sign any agreement or to pay anything.
  • And to set the process in motion — full consent is not needed; 51% suffices to give the representation legal standing to begin.

Owners in an old building with a pile of questions? Come have a coffee with us, no strings. We accompany hundreds of residents, idea to key.

The above is initial information only and does not constitute legal advice or a substitute for it. Consult an attorney specializing in the field before taking any action.

A question about this in your own file? Write to us — you will get an answer on the merits, not a brochure.

General information — not legal advice.

How to start

A conversation with a real estate lawyer, wherever you are in the process.

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