VVE Beheer
As soon as you purchase an apartment or house in a VvE building, you automatically become a member. You are granted voting rights and must make monthly contributions to the association.
An effective VvE ensures proper building maintenance and increases property values, while dormant systems can become costly burdens that cause unexpected issues.
VVE Management
Actiefvve stands for Vault of Esprit, or residents' association, and manages building and communal areas on behalf of apartment owners in an apartment building. A board elected by residents oversees its management and supervision of common spaces such as monthly contributions from owners known as VvE fees; drawing up budgets; organizing annual meetings and collecting contributions for maintenance work as well as contributing 0.5% of rebuilding value as an emergency fund reserve fund.
Owners are expected to attend VvE meetings and report any defects or damages to their building or its common areas, since VvEs are charged with overseeing compliance between all owners (other than those owning private parts) with division deed and subdivision regulations as well as internal rules.
Owners who do not abide by VVE rules risk losing their apartment, with failing to pay mandatory financial contributions or renovating without permission resulting in immediate eviction from the VVE. It is therefore wise for potential buyers of an apartment to become familiar with its rules - how decisions are made and who holds power within its board - by consulting division regulations which contain everything needed for understanding VVE.
An efficient VVE increases the value of an apartment, reduces maintenance costs, and makes selling easier. Therefore, it is imperative that VvEs have sufficient funds to cover their expenditure and are transparent in their management. Recently, watchdog organization VEH issued a call for regulation of companies providing VVE Oprichten as they currently can form without proper oversight which often has detrimental results on quality management and financial health in buildings.
VVE Service Costs
As a member of a VvE, you are required to pay monthly service charges that cover costs such as maintenance, management and insurance. These service charges are calculated using fractions that represent your share in the VvE as stipulated in its division deed and subdivision regulations.
A VvE also develops its own budget and reserves for anticipated future work, creating its own multi-year maintenance plan (MJOP in Dutch) so as to anticipate and plan maintenance more accurately; additionally, this helps determine whether there is sufficient financial capacity within the VvE for planned tasks.
Some owners use the MJOP to set rules about renting out their apartment or house, such as prohibiting tenants from listing it on websites like Airbnb. While residents may object to this restriction, as renting it out as an income source would likely be more desirable for all parties involved.
MJOP can also help assess whether or not a property has enough room to support an additional dwelling unit - which can make your home feel larger, especially for families. The MJOP can also be used to set rules about bringing pets or running businesses from your house, which aren't always popular among residents but may help avoid noise pollution or other nuisances.
An established VvE can allow for more flexible use of your property while helping with mortgage applications and increasing its value. A failing VvE could present costly surprises to buyers; so it's advisable to conduct a VvE check prior to making a decision, using professional property inspectors.
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