BD

1. It is governed by the Act on Business Corporations ZOK Act No. 90/2012 SB., Act on Business Companies and Cooperatives (Act on Business Corporations).
2. All property belongs to the cooperative. In the case of cooperative ownership, the owner of the real estate (apartment) is the housing cooperative. The buyer becomes a member of the cooperative and is thus the owner of a cooperative share in the housing cooperative and the associated lease right to use the given apartment. Along with advance payments for common areas (e.g. for energy, water, heating), the housing cooperative also pays the purchase price of the apartment, and usually after it is paid, it is transferred to personal ownership (if the member wants it).
3. The advantage of cooperative housing is greater affordability. In the case of new projects, it is enough to deposit 10-25% of the purchase price of the apartment, and the rest is paid in rent. At the same time, the cooperative does not check the creditworthiness of the applicant like a bank.
4. Another advantage is the fact that a cooperative member can easily sell his membership to a third party, while no real estate acquisition tax is paid and the contract is not entered in the real estate register.
5. Cooperative members participate in the cooperative with their shares.
6. The housing association pays the property tax.

SVJ

1. It is governed by the civil law Act No. 89/2012 Coll. Law Civil Code.
2. The property is divided between co-owners, including common areas.
3. An apartment in personal ownership – each such unit – can be traced in the land registry. In the case of personal ownership, the owner of the apartment is a specific person. Here, too, the owner of the unit pays advance payments for common areas (energy, water, heating, etc.).
4. To purchase an apartment in personal ownership, it is possible to take out a mortgage loan for most of the purchase price and give the apartment as collateral.
5. Co-owners participate in SVJ by owning a specific housing unit and part of the common areas.
6. Property tax is paid by each owner himself