The Ugandan real estate industry is experiencing exponential growth in condominium housing, which is attracting both developers and buyers who are looking to tap into the benefits that come with this housing system. This has been a ripple effect of the increase in the population over the past 10 years. The key attraction towards condominium housing is the option of a modern, secure, and convenient living option for most buyers, offering, above all, a decent return on investment for most developers.
However, with the advantages of shared amenities and a secure environment come distinct legal considerations. This article delves into the realm of ‘bricks & bylaws,’ elucidating the rights and responsibilities inherent in condominium ownership in Uganda.
We will examine how the law delineates your ownership interest within the broader development, guide you through your role in shared spaces, and elucidate your obligations towards the condominium community.
