Which licenses, projects, authorisation does an apartment association need to have and what laws and regulations does it have to be aware of?
The main activity of the apartment associations is to manage/maintain the building and it is not a licensed activity. The apartment association is not obliged to carry out projects, have authorisation etc. to organise its activities. The apartment association bases its work on the statutes of the association and decisions made during the general meetings. The board members and internal documents regulate the day to day management of the apartment association.
While carrying out activities, the apartment association has to follow the law in Estonia. The main activity is regulated by the Apartment Ownership and Apartment Association Act. However one must not forget the laws regarding different areas, for example accounting is regulated by the accounting law and Accounting Standards Board guidelines No. 14.
In most cases the apartment associations manage to obey the law without problems. Problems are mostly caused by bigger construction and renovation works. The most important thing is to follow the building codes and arrange all the required documents.