Calls for funds: quarterly or monthly?
The frequency depends on the GA’s decision and the co-ownership’s size.
Calls for funds (charge advances) are periodically requested from co-owners.
Quarterly (most common): 4 calls per year, suitable for small/medium co-ownerships.
Monthly: 12 calls per year, preferred for large co-ownerships, better cash flow.
Calculation: Annual budget divided by number of calls, distributed by share quotas.
Exceptional calls: For major works or unexpected expenses, after GA vote.
Klarencia automatically generates and sends calls for funds with built-in reminders.
Legal references
Article 3.89 §5 Civil Code — Financial management
Related questions
Is PCMN accounting mandatory for all co-ownerships?
Whether PCMN standardised accounting is required depends on the size of the co-ownership.
How are share quotas (tantièmes) calculated in co-ownership?
Share quotas determine each co-owner’s portion of charges and voting rights.
Is the budget forecast mandatory in co-ownership?
The syndic must prepare an annual budget forecast submitted for vote at the GA.
Disclaimer
The information provided is for informational purposes only and does not constitute legal advice. If in doubt, consult a qualified professional (solicitor, notary, accountant, or IPI-accredited professional syndic). Klarencia is a management tool and does not replace professional advice.