Vietnam: When shall irregular apartment building meetings be organized?

On February 15, 2016, the Ministry of Construction of Vietnam issued Circular No. 02/2016/TT-BXD, which specifies cases where irregular apartment building meetings shall be organized.

According to Circular No. 02/2016/TT-BXD of the Ministry of Construction of Vietnam, irregular apartment building meetings shall be organized in one of the following cases:

- Select replacements for heads or deputy heads who are dismissed, pass away, or missing; in case of replacement of deputy heads as the investor's representatives, the investor shall appoint others without organizing of irregular apartment building meetings;

- Dismiss all members of the Management Board and elect a new one.

- Select replacements for members of the Management Board who are dismissed, pass away or missing in case the collection of suggestions from owners fails to reach the unanimity or select replacements for members of the Management Board;

- mThe Management Board requests changing the managing unit or adjustments to service price;

- Other cases as requested by more than 50% of representatives of owners of delivered apartments.

View more details at Circular No. 02/2016/TT-BXD of the Ministry of Construction of Vietnam, effective from April 02, 2016.

-Thao Uyen-

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