Community of owners for first buyer Favourite Spanish Property Insight › Forums › Spanish Property Forums › Property Questions & Answers › Community of owners for first buyer Tagged: Community fees, Community of owners (comunidad de propietarios) This topic contains 1 reply, has 2 voices, and was last updated by rojoybago 2 years, 3 months ago. Author Posts October 2, 2016 at 6:22 pm #192789 Karr LaurieParticipant I have my eye on a house in a block of 4 houses, they butt onto each other sideways and back to back. The block was built in 2008, by a property developer and none have yet been sold I have seen the “nota simple” for this property and can see that it’s covered by the “Horizontal property law” I am aware that I should be part of a “community of owners”, so my question is how does this work if I am the first and for the time being the only owner. I am working on the assumption that I would own 25% and the developer still would own 75%, does this imply that a community exists from the moment I sign my purchase, or do other rules apply. October 2, 2016 at 10:14 pm #192791 rojoybagoParticipant community already exists even if not constituted !! get legal advice before u buy – ie pay a lawyer Author Posts The forum ‘Property Questions & Answers’ is closed to new topics and replies.