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Law of Ownership, Subdivision, and Management of Real Estate Units - Article 25

rega_gov_sa · law · processed · 1 chunks

date_gregorian=2020-03-13 date_hijri=1441-07-18 document_type=law entity=legislation_category:law entity=format:application/pdf entity=document_number:25 entity=regulation:Law of Ownership, Subdivision, and Management of Real Estate Units entity=legislation_type:royal_decree language=en taxonomy_l1=municipal_construction taxonomy_l2=real_estate taxonomy_l3=apartment_ownership validity=valid validity_confidence=1.0
An owner association shall dissolve if the number of owners falls below the number required for the establishment of the association, unless the remaining owners wish to maintain the association in accordance with this Law. The dissolution of the association shall not affect its liability for any debts and obligations incurred prior to the date of its dissolution.