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SOCIETY

ANNIŅMUIŽAS BULVĀRIS 4143

Owners must decide on the management of their property

We are your neighbors and co-owners of the buildings. Within our initiative group, we have voluntarily and without remuneration established the society "Anniņmuižas bulvāris 4143" to help all co-owners care for our common property. The society does not conduct business and does not plan to engage in property management itself.

The main goal of the society is to ensure clear and transparent principles in the management of our buildings, represent the interests of all owners, and maintain regular contact between co-owners and the building manager.

Every co-owner can participate in the discussion of issues relevant to the society, as well as become a member of the society if they are ready to actively participate in its activities.

Society Priorities

Every co-owner is responsible for their own future and the future of their property. All members of the society are apartment owners in our buildings. Each of us is interested in preserving our investments and their long-term operation. Our buildings, with a total area of over 25 thousand square meters and more than 340 apartments, are high-class structures that are considered unique in the scale of Latvia due to their architectural form and apartment layouts. Therefore, our buildings require proper maintenance, as they contain many complex engineering solutions that provide us all with a comfortable living environment every day. It is our common duty to care for our property, perform regular inspections, and maintain engineering units.

To ensure these processes, a reserve fund and control over the building manager's activities are necessary, which is our common priority.

Property Management Process

Society Tasks

Coordinating cooperation between apartment owners and the manager
Evaluating manager candidates and offers, selecting the most suitable manager and setting tasks
Creating a reserve fund and controlling the use of fund resources
Representing apartment owners' interests in relations with the manager

Key Tasks in Maintaining Our Property

Objective information on the current technical condition of buildings
Ensuring the normal functioning of fire safety systems in both buildings
Plan for restoring the operation of fire safety systems
Technical problems related to constant rainwater entry into the building and basement
Cleaning the facades of both buildings to prevent irreversible damage to facade panels
Reserve fund to cover the costs of necessary building repairs
Objective information on current management costs and their utilization
Improving security and video surveillance systems
Elevator repairs
Landscaping and playground improvement
Renovating the underground parking floor coating and wall plaster

Reserve Fund

The management company is not responsible for the wear and damage of infrastructure and buildings, and it does not have to perform repairs at its own expense. The company provides only services that residents pay for.

In the case of large-scale repair works, the entire financial burden must be borne by the apartment owners. Accelerating repairs and reducing financial risks is possible only if a reserve fund is established for the property.

Control

As there are many apartments and co-owners in our property, it is not possible to ensure effective voting on every minor issue. Therefore, a society representing all co-owners is necessary.

Apartment owners can authorize the society to make permanent decisions on necessary investments in property maintenance within certain limits. The society will not hold the reserve fund resources in its own account; it will decide on the use of these resources only in accordance with the authorization of the apartment owners' community.

Transparency

In accordance with the requirements of Latvian legislation, the management company must provide apartment owners with estimates and detailed reports on services provided and funds spent on maintenance.

Our current manager does not comply with these legal requirements. Furthermore, a month ago, the management fee was increased unreasonably and without coordination. The society must demand all information provided by law from the manager on behalf of the owners. We stand for transparency and the economic justification of all decisions.

Basic Principles of Society Management

Any owner of the Solaris residential complex who is ready to actively participate in the realization of the society's goals can join the society. There are 5 members in the board. The apartment owners' community authorizes the society to perform specific tasks by a majority vote (50% + one vote). The execution of these tasks is ensured by the society's board, which makes decisions by a majority vote. Only two board members simultaneously can represent the society and sign documents (four-eye principle). The members' meeting elects an audit commission, whose members cannot be board members.

Board members and audit commission members do not receive remuneration for their activities in the society.

Download Society Statutes