The position of president of the neighborhood community entails a series of legal, financial and administrative obligations. This role, key to the proper functioning of the community, is more than just a title.
According to Article 13 of the Horizontal Property Law in Spain, the position of president is mandatory and falls on one of the owners, who is entrusted with a series of essential tasks for the coexistence and administration of the property. The president is the visible face and the person in charge of the neighborhood community.
What are the main responsibilities?
The first and most obvious of the responsibilities is to represent the community both in court and out of it, in all matters concerning it. This includes overseeing the financial aspects of the community, such as the collection and payment of community fees.
The president is also in charge of administrative duties, such as calling and chairing meetings of the board of owners. This responsibility includes setting the agenda, moderating the discussion, and making sure that necessary decisions are made.
And the financial obligations?
The administration of financial affairs is a critical part of the president’s responsibilities. This involves ensuring that homeowners pay their fees on time and that the money is spent appropriately. In addition, the president will be in charge of preparing and presenting the annual budget, as well as supervising its execution.
Are there legal obligations?
Absolutely. The Horizontal Property Law establishes a series of legal obligations for the president. These include compliance with and enforcement of community standards, as well as applicable state and municipal laws.
How is maintenance management carried out?
The president is tasked with overseeing the maintenance and repairs of the building. This includes not only managing problems as they arise, but also planning and executing preventive maintenance tasks.
The role of the president of the neighborhood community is essential for the proper functioning of the community. Although it can be a challenging task, it is also an excellent opportunity to contribute to the well-being and harmony of your place of residence. It is important to note that while these responsibilities may seem overwhelming, most homeowners’ communities hire a professional manager to assist with these tasks.
