Business, tax and trades
WEG
Abbreviation for Wohnungseigentümergemeinschaft
In short and in plain language
A WEG is the German group of all people who own a flat in a building.
They decide together on shared areas such as gardens.
A property manager often acts for them.
Definition
A WEG is the German community of all owners of flats in a building. It decides jointly on shared areas such as gardens and is often represented by a property management company.