Date published: 09/08/2022
Small co-ownership
Co-ownership with less than five fractions. In this type of co-ownership, when a co-owner has a number of votes greater than one-half of all the votes available to the co-owners, the number of votes to which he is entitled at a meeting is reduced to the total number of votes to which the other co-owners present or represented at the meeting are entitled. No other specific provisions govern small co-ownership. Thus, we can observe risks of deadlock in decision-making, especially in co-ownership composed of two fractions.