Sectors and associations
WEG
Abbreviation for Wohnungseigentümergemeinschaft
In short and in plain language
A WEG is a group made up of all owners of flats in a house. The term is German.
As a rule, it hires a manager. The manager takes care of the books, meetings and upkeep.
For firms that run houses, this is a work area of its own. The website can show it clearly.
Definition
A WEG is the German term for a homeowners' association, made up of all owners of flats in a building. It usually appoints a manager who organises accounts, meetings and maintenance. For property managers, managing such associations is a separate service that the website can present clearly.