the repression of fraud pins down the co-ownership trustees

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Real estate: the repression of fraud targets condominium trustees
A new fraud repression investigation targets co-ownership trustees. 65% of checks confirm malfunctions.
(France 2)

A new fraud repression investigation targets co-ownership trustees. 65% of checks confirm malfunctions.

A dilapidated residence, abandoned by the trustee according to its residents. Alou Konaté, co-owner, shows us around the boiler room which has been shut down for more than two years. The explanation according to him: maintenance bills unpaid by the trustee while residents pay their charges. Contacted, the former trustee affirmed that the co-owners had voted to end collective heating.

77 warnings

Of the 236 trustees inspected last year by fraud repression, 65% were found to be abnormal, with 77 warnings for abusive invoicing, excessive prices or overtime increases. “We should not generalize, but unfortunately we see that a majority of trustees are in this practice”, describes Émile Hagège, director general of the ARC. In a subdivision of houses in the Lyon suburbs, a co-owner takes on the role of voluntary trustee. Since last month, a law has made it easier for co-owners to separate from their trustee.


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