SVEGA advokater - ejer- & andelsboligforeninger specialister
Cooperative housing societies
The first regulation of cooperative housing societies came in 1976 and since then much has happened and this type of housing arrangement has become rather complex.
The purpose of a cooperative housing society is to own and carry on a residential property on a cooperative basis. This means that the residential property is owned by the cooperative housing society and all members have a share of the assets of the society and an exclusive right to use a specific dwelling.
Denmark has around 200,000 cooperative homes, which is just over 7.5% of all homes. This number has increased tenfold since 1981.
Cooperative housing law has become a complicated area, and attorneys need specialist knowledge to be able to advise cooperative housing societies and their boards and administrators, banks and mortgage banks, estate agents or the private individuals who want to either sell or buy a cooperative home.
Three of Denmark's leading experts work at SVEJGAARD GALST. – Kristian Dreyer teaches attorneys and other professional players in cooperative housing law.
Attorney Kristian Dreyer has also litigated a considerable number of cooperative housing law cases and is the author of the text books "Ejer- og andelsboligforeninger" ("Owners' and cooperative housing societies") and "Fra maksimalpris til overpris" ("From maximum price to overprice"). Kristian Dreyer is also an external lecturer at the Faculty of Law where he teaches cooperative housing law matters. Furthermore, he serves as Rent Court judge in Copenhagen, Lyngby and Glostrup, and most cooperative housing disputes are settled in Rent Court. This gives him an advantage in litigation.
We are regular attorneys of the Danish Association of Private Cooperative Housing (ABF) which is the interest organisation of the cooperative housing societies. Most recently, Kristian Dreyer have taught courses in connection with the introduction of the new rules of the Cooperative Housing Act and the introduction of what is known as the "nøgleoplysningsskema" ("key information document").
Our experts advise on all cooperative housing matters and also provide association law and construction law advice to cooperative housing societies.
Our three experts have litigated the most public cooperative housing cases in Denmark in recent years.