Advisory board

The advisory board is elected by the owners' association. In principle, only owners from the same community may be members. According to §29 WEG, the advisory board has the following tasks:

• to support and supervise the property management in the execution of its tasks

• to check the business plan and the annual accounts and to give its opinion.

By the way, the members of the advisory board are liable to the other owners if damage occurs that can be traced back to their activities.