Institut Monégasque de la Statistique et des Etudes Economiques
9 rue du Gabian
MC 98000 MONACO
Monaco Statistics :
(+377) 98 98 98 88
Fax : (+377) 98 98 87 59
Opening Hours : from 9.30am to 5.00pm from Monday to Friday
Principle and conditions
Joint ownership can be defined as any situation where the ownership of a building is shared between two or more natural or legal persons, with each owner's share comprising of a private unit and a share of the common area.
A joint ownership arrangement must be established before any division of ownership of the building. This arrangement determines the share of the common areas allocated to each owner; the intended use of the building, of each unit in the building and of the common areas; the conditions of use; and the management of common areas.
If you wish to recruit staff recruit staff you must make an appointment with the Department of Labour in order to establish an employer file and to register with social welfare agencies.