Procedure for taking possession of an owner apartment by the housing company

Taking possession of an owner apartment means that the housing company takes over the possession of a shareholder-owned apartment for a period of up to three years. The procedure may be initiated on legal grounds. The shareholders’ meeting may decide that the housing company shall take over, preceded by a warning issued to the shareholder.

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Taking possession of an owner apartment means that the housing company takes over the possession of a shareholder-owned apartment for a period of up to three years. The procedure may be initiated on legal grounds. The shareholders’ meeting may decide that the housing company shall take over, preceded by a warning issued to the shareholder.