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Collection and maintenance of extraordinary community quotas in Spain
Posted: Sun Nov 24, 2019 8:58am
Helpful member
I have a friend who is asking the correct procedures regarding the imposing of an extraordinary quotas on their community for future installation of a main water supply. It going to cost in the region of euros 100,000,.00. Hidralia has said that there is no money at the moment to start this work and they may have money in 3 years time.. Should these moneys be kept in a separate Bank Account and shown separately in the Accounts????.
How should this extra quota be calculated. Presumably based on the square meters of your property?????
Is there a section in the Horizontal Property Law covering the above issue.
Many Thanks
Nigel
