An apartment right is a share in the ownership of an apartment building or a piece of land with the exclusive right to use a certain part (your private part). This private part is often the home, but it can also be an associated storage room or parking space, for which a separate apartment right has been created. An apartment right is created by dividing a building into smaller user spaces. Legally, this is called a division into apartment rights. Division into apartment rights takes place by means of a notarial deed of division.

The owners of all apartment rights jointly own the entire building and the communal areas. In order to arrange all aspects regarding the use and maintenance of the communal areas, the establishment of an Owners Association, with all apartment owners as members, is required.