ECONOMIC ORGANIZATIONAL AND FINANCIAL ASPECTS OF ACTIVITIES ASSOCIATIONS OF CO-OWNERS OF APARTMENT BUILDINGS IN UKRAINE

Abstract

In the article identifies the economic essence of financial results and financial regulation of associations of co-owners of apartment buildings. The main financial aspects (budgeting, formation of structural components of the income portfolio and expenditure items, submission of financial statements of associations, participation in co-financing programs with the local budget) and economic and organizational aspects of the functioning of associations are considered. Chairman of the Board and the General Meeting). The existing forms of apartment building management in Ukraine have been studied (direct management of an apartment building, which is appropriate for multi-family buildings; building management by an association of apartment building co-owners and apartment building management by a management company). The preconditions for the creation and state of development of associations of co-owners of an apartment building in Ukraine, the region (Dnipropetrovsk region) and the city of Kamianske are analyzed. It was found that the number of associations in Ukraine has more than doubled in the last ten years, but the share in the total number of apartment buildings remains very small. 
 The main legislative and regulatory framework for regulating the activities of associations of co-owners of apartment buildings in Ukraine is considered. The causes of occurrence and the amount of indebtedness of the population for payment for the maintenance of the house and adjacent territory are investigated. It has been established that the vast majority of the population does not pay for the maintenance of houses, primarily due to the provision of poor quality services, and not due to lack of financial resources. The main advantages of creating condominiums in Ukraine are highlighted (co-owners independently decide on house management, condominium members independently manage the common property of an apartment building and control the use of their financial resources, co-owners can earn money on joint property and spend money on landscaping, etc.) and shortcomings (difficulty in electing the initiative group and the chairman of the board, conducting financial and operational activities, ignorance of the chairmen and members of the board). The successful experience of the association of co-owners in Kamianske was studied.