What is an Association of Property Owners (APO)

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Introduction

Owners of apartments and non-residential premises in a multi-apartment residential building are required to choose a form of condominium management to organize building management and ensure the maintenance and preservation of common property.

In accordance with the Law of the Republic of Kazakhstan “On Housing Relations”, two forms of condominium management are provided for:

  1. Direct Joint Management — management of the condominium by the owners of apartments and non-residential premises without establishing a legal entity.

  2. Association of Property Owners (APO) — a non-profit organization established by the owners of apartments and non-residential premises that acquires legal entity status upon state registration.

Under direct joint management, in a multi-apartment residential building with fewer than 36 apartments and non-residential premises in total, management may be carried out without opening current and savings bank accounts and without engaging a condominium management entity.

If the total number of apartments and non-residential premises exceeds 36, the owners are required to engage a management entity based on a decision adopted at a general meeting.

The procedures for selecting a management form, holding meetings, registering an Association of Property Owners, approving cost estimates, and making mandatory payments are governed by the legislation of the Republic of Kazakhstan.

  1. Introduction