Types of Co-ownership Charges
Regular (General) Charges
Regular charges cover ongoing expenses for co-ownership operations:
- Maintenance: cleaning common areas, landscaping
- Equipment: elevator, common area lighting
- Services: security, guarding
- Insurance: building multi-risk
- Management: manager fees, bank charges
Exceptional Charges
Exceptional charges cover major works voted at the GM: facade renovation, roof repair, elevator upgrades, waterproofing.
The Share System
In Morocco, charges are distributed according to co-ownership shares defined in the co-ownership regulation. Shares account for:
- Unit area
- Floor (higher floors often have more shares)
- Orientation and light
- Unit purpose (residential, commercial)
Calculation Example
If a co-owner holds 150 shares out of 10,000:
Share = (150 / 10,000) × Total Budget
For an annual budget of 200,000 MAD: 150/10,000 × 200,000 = 3,000 MAD/year, or 250 MAD/month.
The Budget Forecast
The manager prepares an annual budget forecast that must be voted at the general meeting.
Charge Collection
The manager is responsible for charge collection. In case of arrears:
- Friendly reminder: letter or email
- Formal notice: registered letter
- Legal proceedings: as a last resort
Simplify with Software
Software like Syndy automates charge calculation by shares, generates fund calls, tracks payments in real-time, and sends automatic reminders for arrears.