Condominium law in Ecuador

The call is made in a written document, at least eight working days before the meeting date, stating the place, the date, the hour and the matters to be dealt with.

On first call the quorum is formed by owners with the right to vote who represent more than 50 per cent of the property's alícuotas.

A common reserve fund is mandatory. It serves repairs of common property, urgent or unforeseen common expenses caused by force majeure such as accidents and earthquakes, and planned future expenses such as repainting the…

The settlement of necessary expenses that the administrator or president of the condominium issues, once approved by the general assembly of owners, has the force of an enforceable title (título ejecutivo).