Legal reference

Condominium law in Colombia

5 topics, each with the provision quoted word for word, a link to the official text and the date it was last checked.

Topic	Provision	Last verified
Notice period for the owners' meeting The administrator calls the yearly (ordinary) assembly with at least 15 calendar days' notice.	Ley 675 de 2001, art. 39	October 2, 2026
Quorum and majorities at the owners' meeting In general the assembly meets with owners holding more than half of the coefficients and decides by half plus one of the coefficients represented.	Ley 675 de 2001, arts. 41 y 45	October 2, 2026
Remote and electronic voting by owners Yes. The assembly can meet when owners, their representatives or delegates deliberate and decide by simultaneous or successive communication, through any means, as long as it can be proved and the quorum required for the case is…	Ley 675 de 2001, art. 42	October 2, 2026
Reserve and repair fund rules The legal entity of every complex must set up a fund for unforeseen obligations or expenses (fondo de imprevistos), built and increased with a surcharge of at least 1 per cent on the annual budget of common expenses and with the…	Ley 675 de 2001, art. 35	October 2, 2026
Arrears: what happens when owners do not pay Late payment of common expenses causes default interest equal to one and a half times the current bank interest rate certified by the banking supervisor, unless the general assembly, with the quorum the regulation sets, fixes a…	Ley 675 de 2001, art. 30	October 2, 2026