On 6th October 2021, Royal Decree 19/2021 of 5th October on urgent measures to promote building refurbishment activity was published in the Official State Gazette (BOE) and came into force.
This Royal Decree includes certain modifications to the regime of homeowners’ associations established in Law 49/1960, of 21st July, on Horizontal Property, by establishing a simple majority system for the approval of refurbishment works that contribute to the improvement of the energy efficiency of the building or the implementation of renewable energy sources for common use, as well as the application for aid and financing for their development. It also establishes that the cost of such works or actions or the payment of the amounts necessary to cover the loans or financing that has been granted for this purpose, will be considered as general expenses for the purposes of applying the rules of preference of article 9.1 e).