Who can be treasurer
The treasurer is an owner chosen by the other owners at the general meeting. In small associations one person may hold more than one role (for example, chair and treasurer), but payments above an agreed limit should still require two approvals for safety. Terms are typically one to three years and can be renewed. If the treasurer sells their apartment or resigns, the change is recorded in the minutes and a new treasurer is elected or appointed until the next meeting confirms it.
Your responsibilities as treasurer
You make sure the association’s finances are safe, clear, and up to date. You use a bank account in the VvE’s name (never a personal account), keep balances reconciled, and pay only what the owners have approved in the budget or by decision. You draft the annual budget, propose the monthly contribution per owner, and keep the reserve fund on track so big future works are funded. You prepare the year-end accounts in a way non-financial people can understand, support the audit committee’s review, and answer owners’ questions in plain language. When someone falls behind on payments, you follow a fair, written process: friendly reminders, clear summaries of what’s due, and—where appropriate—payment plans agreed by the board. You keep tidy records of invoices, contracts and bank statements so handovers are easy and buyers, brokers, or insurers can verify what happened.
How the treasurer is elected and removed
Owners elect the treasurer at the general meeting, usually by a simple majority unless the deed says otherwise. Owners can also remove or replace the treasurer by vote. After any change, update the minutes and the association’s entry in the Chamber of Commerce register.
Where to check who the treasurer is
Look at the latest meeting minutes to see who was elected and for how long. The Chamber of Commerce register for your association also shows the currently registered board roles.
How Buur helps
Buur gives treasurers a calm, controlled workflow. You set contribution amounts and schedules, run direct-debit or payment reminders, and see arrears at a glance. Spending limits and two-person approvals are built in, so larger payments can’t go out without a second check. The reserve fund has a simple dashboard with a curve linked to the multi-year maintenance plan, so you can show why contributions are set the way they are. Buur reconciles payments, keeps a clean audit trail, and produces exportable statements for owners, buyers, and auditors. All finance documents—budget, accounts, invoices, insurance, and contracts—live in one tidy place with renewal reminders.