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How do I apply for the registration of ownership when my housing company has never used paper share certificates?

You can apply for the registration of ownership based on a report from the housing company’s board of directors. The report is intended only for the registration of the ownership of the owner entered in the list of shares, and cannot be transferred like a share certificate.

The report must be in writing and dated and signed by the members of the housing company’s board of directors, and it must indicate that no share certificates have been printed for the apartment and no temporary certificates have been issued. In addition, the report must indicate who the owner listed in the list of shares is. The report is only valid when signed by the number of board members required to reach a quorum (usually more than half of the members). The property manager cannot provide the report.

Please note: In the case of a housing company established in or after 1992, the registration of ownership cannot be done with a report from the board of directors, because these companies were obliged to print share certificates. In such cases, the board of the housing company can issue a temporary certificate to the owner of the apartment for the purpose of registering ownership.