Swiss Civil Code


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Art. 712f

III. Ex­tinc­tion

 

1 Con­domin­i­um is ex­tin­guished on the loss of the prop­erty or the build­ing right and its de­le­tion from the land re­gister.

2 Such de­le­tion may be re­ques­ted in ac­cord­ance with a ter­min­a­tion agree­ment or by a single con­domin­i­um own­er hold­ing all the shares, but it re­quires the con­sent of all per­sons with rights in rem to the in­di­vidu­al units which can­not be trans­ferred to the prop­erty as a whole without det­ri­ment.

3 Any con­domin­i­um own­er may re­quest ter­min­a­tion of the con­domin­i­um where:

1.
more than half the value of the build­ing has been des­troyed and re­con­struc­tion would im­pose an oner­ous bur­den on him; or
2.
the build­ing has been di­vided in­to con­domin­i­um units for more than 50 years and can no longer be used in ac­cord­ance with the reg­u­la­tions due to its poor struc­tur­al con­di­tion.607

4 Con­domin­i­um own­ers wish­ing to main­tain the con­domin­i­um may pre­vent such ter­min­a­tion by buy­ing out the oth­ers.608

607 Amended by No I 1 of the FA of 11 Dec. 2009 (Re­gister Mort­gage Cer­ti­fic­ates and oth­er amend­ments to Prop­erty Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

608 In­ser­ted by No I 1 of the FA of 11 Dec. 2009 (Re­gister Mort­gage Cer­ti­fic­ates and oth­er amend­ments to Prop­erty Law), in force since 1 Jan. 2012 (AS 2011 4637; BBl 2007 5283).

 

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