Livani Municipality to Transfer Management Rights to Apartment Owners by 2026

Livani municipality in Latvia has set a deadline for privatized residential building owners to take over management rights from the municipality by January 1, 2026. Currently, SIA "Livanu otapis un komunala saimnieciba" manages apartment buildings on the basis of an authorization agreement that will expire on January 1, 2026. The transfer of management rights does not alter the status of apartment property, which remains private property. The community of apartment owners must decide on the transfer of management rights, and three methods are available: general meeting, survey, or mutual agreement.

Key Takeaways:

• The transfer of management rights from the municipality to apartment owners is mandatory by January 1, 2026, as stipulated by the Law on the Completion of the Privatization of State and Municipal Residential Buildings.
• SIA "Livanu otapis un komunala saimnieciba" currently operates as a statutory manager and provides all management functions specified in regulatory enactments.
• The apartment owners' association must make a decision on the establishment of an apartment owners' association (self-management), concluding an authorization agreement with a professional manager, or approving a management agreement with the community of apartment owners.
• The selected manager must be registered in the Register of Managers with the appropriate qualification "house manager" or "house manager".
• If the community of apartment owners does not make a decision, the management task shall be deemed to have been assigned, and the contract shall be deemed to have been concluded with the previous manager.
• The contract can be terminated after the transfer of management rights if the apartment owners' association makes an appropriate decision by sending a notice to the manager at least one month before the contract is terminated.

Statistics:

• By January 1, 2026, 100% of management rights is expected to be transferred from the municipality to apartment owners.
• The new management system will be implemented through three methods: general meeting, survey, or mutual agreement.
• SIA "Livanu otapis un komunala saimnieciba" operates as a statutory manager, providing all management functions specified in regulatory enactments.
• The apartment owners' association must make a decision on the transfer of management rights within the specified timeframe.

Sources:

• Livani Municipality
• Law on the Completion of the Privatization of State and Municipal Residential Buildings
• Register of Managers