Apartment Building Owners’ Association
A non-profit organization that implements the collective rights, duties, and interests of the owners of the premises in the building, related to the management, use, maintenance, and administration of the building’s shared areas and the land plot assigned to the building under the laws of the Republic of Lithuania. It is a private legal entity with limited civil liability. The association may not establish companies or engage in any activity not related to the management of the apartment building, its common areas, or the associated land plot.
The right to initiate the establishment of an association belongs to any owner (or group of owners) of premises in the apartment building, as well as the municipal administration director or the company, institution, or organization responsible for the building’s maintenance (within Lithuania).
Only one association may be established for an apartment building or for multiple buildings that cannot be used separately.
Establishing the Association
To establish an association, a founding meeting is convened. The initiator must publicly notify all owners of the premises and, in writing, the municipal administration director and the company, institution, or organization responsible for the building’s maintenance at least two weeks prior to the meeting. The notice must include the agenda and a draft of the association’s bylaws. The founding meeting is considered valid if more than half of the owners are present.
The founding meeting adopts a resolution to establish the association, decides on its legal address, and approves its bylaws.
The association is registered in the Register of Legal Entities of Lithuania. From the date of registration, the association gains legal entity status.