Under Swiss law, different types of real estate ownerships exist. The most common forms are sole ownership2 and co-ownership. A special - and in Switzerland predominant - form of co-ownership is the condominium-principled co-ownership

Its main characteristic is that different persons own separate units in a common property or, as the law puts it, a condominium is a form of co-ownership of immovable property that gives the co-owner the exclusive right to make sole use of specific parts of a building thereon and design the interior of such parts. Condominium owners can manage, use and design the structure of their units as they wish but must not obstruct any other condominium owners in the exercise of their own rights or damage the common parts of the property. Importantly, each unit has its own folio in the land register and may be sold separately without the consent of the other co-owners, who have no statutory right of pre-emption.

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