ABSTRACT
This chapter examines problems of cooperation and trust in the context of Hungarian condominiums. It considers how such problems are embedded in and stand as a legacy of post-Communist transition and market privatization, both of which had a significant impact on condominium life. The chapter develops a systematic document analysis and literature review of how the Condominium Law had been developed between 1924, when the first law came into force, and 1997, when the latest law was enacted in Hungary. It introduces as well as control for external and internal factors based on the theoretical and empirical findings so far which have an influence on condominium communities' cooperative behavior. The chapter focuses on trust that it is the most essential and necessary factor in cooperative behavior. It treats social capital as a kind of resource that following Fukuyama's definition consists of activated informal social norms and values, such as mutual help, reciprocity, solidarity, civic pride, or trust.
