ARIFA's real estate lawyers comment on the recently approved Law 31, which establishes the Horizontal Property Regime

On June 18, 2010, the National Assembly approved Law 31, which establishes the Horizontal Property Regime.  This new law replaces the previous law regulating horizontal properties, Law 13 of 1993, as amended by Law 39 of 2002.  

ARIFA's real estate lawyers have prepared the attached executive summary to help clients and friends understand the most relevant changes to the law.

ARIFA's real estate practice covers the entire spectrum of real estate activities. Should you have any questions, do not hesitate to contact any member of our Real Estate and Property Practice Group.