Co-Ownership Share (Miteigentumsanteil)
Co-ownership share (Miteigentumsanteil/MEA) in Germany: calculation, significance, and impact on voting rights and cost allocation in condominium associations.
Management
§ 16 Abs. 2 WEG
Also known as: MEA, fractional ownership share, common ownership share
The co-ownership share (Miteigentumsanteil) under German condominium law is the calculated share of an apartment owner in the common property. It is expressed in thousandths or ten-thousandths and determines the allocation of charges and costs. A subsequent change requires the consent of all owners. (§ 16 Abs. 2 WEG)
Related Terms
Related articles
Articles from the CIRO Magazine covering this topic
