Decree n° 2.23.700: free PDF checklist & category calculator
Calculate your Decree 2.23.700 category (Small, Medium, Large), identify your required annexes, and download the free compliance checklist PDF. No sign-up needed.
No registration required · 2 pages to print
Category Calculator
Enter your building's data to find out which annexes you need to produce.
Quick examples
Calculation: ? units × ? MAD/mo × 12 = – annual charges called
Enter the number of units and monthly charge to see your category.
How to calculate: Annual charges called = total of fund calls sent to co-owners during the financial year, whether they paid or not. This is accrual-based accounting, not cash receipts (Art. 24).
How Decree 2.23.700 Works: The Three Categories
Decree 2.23.700, published in Official Journal No. 7391 on March 31, 2025, requires all Moroccan property managers to produce annual financial statements in a standardized format. The key innovation: the level of required detail depends on building size. A small 8-unit apartment doesn't have the same obligations as a 150-unit residential complex.
Classification is based on annual charges called: not building size, not unit count, not property value. It's the total fund calls issued to co-owners during the fiscal year (whether paid or not). This makes sense. A co-ownership that calls large charges manages large amounts of money and should therefore report in greater detail.
Producing the wrong annexes, or none at all, has real consequences. The assembly may reject your accounts, which strips you of the legal right to recover unpaid charges and pursue legal action against delinquent co-owners.
Before Decree 2.23.700, no standardized accounting format existed for Moroccan co-ownerships. Each manager presented accounts as they saw fit (sometimes a basic Excel spreadsheet, sometimes nothing). The decree changes everything. It mandates specific annexes, requires accrual-basis accounting, and makes a separate bank account mandatory. For multi-building managers, it brings uniformity to tracking and comparison. For co-owners, it's finally a guarantee they can verify accounts. Kassaba, property management software No. 1 in Morocco, was designed specifically to make this compliance accessible to every manager, volunteer or professional.
The 12 Regulatory Annexes
The decree defines 12 annexes. You produce only those required for your category. Annex 10 is the only one common to all three.
| # | Annexe | Small | Medium | Large |
|---|---|---|---|---|
| 3 | Balance Sheet | - | - | ✓ |
| 4 | General Management Account | - | - | ✓ |
| 5 | Budget Comparison | - | - | ✓ |
| 6 | Non-Current Works | - | - | ✓ |
| 7 | Reserve Fund Tracking | - | - | ✓ |
| 8 | Loan Tracking | - | - | ✓ |
| 9 | Equipment Tracking | - | - | ✓ |
| 10 | Co-owner Contributions | ✓ | ✓ | ✓ |
| 11 | Simplified Statements | - | ✓ | - |
| 12 | Simplified Income & Budget | - | ✓ | - |
| 13-1 | Very Simplified Balance | ✓ | - | - |
| 13-2 | Very Simplified Income & Budget | ✓ | - | - |
Annexes 1 and 2 exist in some software but are not mandated by the decree. The 12 above are the only regulatory ones.
Key Rules: Law 18-00 and Decree 2.23.700
Compliance goes beyond annexes. Here are the governance rules every property manager must understand.
🏛️General Assembly
Frequency
At least once per year
Deadline
Within 30 days after fiscal year close
Notice
15 days minimum before the date
Quorum
Half of co-owners in person (not by tantièmes)
Proxies
Max 3 co-owners AND combined votes ≤ 10%
🗳️Voting Thresholds
Simple majority
Routine maintenance, concierge, minor works
3/4 majority
Budget, manager, insurance, major works, bylaws
Unanimous
New construction, sale of common areas, elevation
⚠️ No 2/3 majority
Does not exist in Moroccan law
📋Manager Term
Duration
Exactly 2 years (not 1 year, not "by assembly")
Election
3/4 majority of co-owners
Resignation
Convene assembly within 30 days
Handover
Transfer documents within 15 days
Prescription
Unpaid charges: 5 years
🔍External Audit (Large > 1M MAD)
Threshold
Annual charges called ≥ 1,000,000 MAD
Requirement
Audit by an external auditor
Scope
Registers, bank reconciliation, invoices, co-owner balances
Consequence
Without validated audit: accounts subject to rejection, legal exposure
🏦Accounting Obligations
Bank Account
Required, separate from manager personal funds
Method
Accrual basis (not cash accounting)
Archives
Accessible to co-owners on request
Approval
Accounts presented to assembly each year
Consequences of Non-Compliance with Decree 2.23.700
The decree isn't theoretical. Failing to produce the correct annexes (or any at all) has immediate, measurable consequences for your ability to manage the co-ownership.
Account Rejection at Assembly
If your annexes don't match your category, the assembly has the right to refuse to approve the annual accounts. Rejection isn't just a procedural incident. It legally strips you of the right to recover unpaid charges and take legal action against delinquent co-owners (Art. 24).
Legal Exposure of Manager (Large Buildings without Audit)
For large buildings where annual charges exceed 1,000,000 MAD, the absence of external audit by an auditor is a direct breach of the manager's legal obligations. In case of dispute, the manager bears the burden of proof.
Charge Claims Expire After 5 Years (Art. 43)
Charge recovery claims expire after 5 years. A manager whose accounts are regularly rejected accumulates uncollectable debt. Each year of non-compliance reduces the co-ownership's ability to recover old unpaid balances.
Complete Checklist in PDF
Everything above, summarized on two pages to print and keep at hand for your assemblies.
Frequently Asked Questions on Decree 2.23.700
How do I calculate my annual charges called?
These are the fund calls you issued to co-owners during the fiscal year, regardless of how much was actually paid. If you called 800 MAD/month to 20 co-owners for 12 months, your annual charges called are 192,000 MAD, even if some didn't pay. This is the accrual accounting method required by Art. 24.
What happens if I'm near a threshold?
Your category is determined each fiscal year. If charges go from 195,000 to 210,000 MAD year-to-year, you move from Small to Medium and must produce Annexes 10, 11, and 12 instead of 10, 13-1, and 13-2. Monitor your threshold throughout the year to plan ahead.
Does Decree 2.23.700 apply to volunteer managers?
Yes, without exception. Law 18-00 makes no distinction between paid and volunteer managers. Your category depends on charges called, not on your employment status.
Can I produce more annexes than required?
Yes. A small building can produce Medium-tier annexes (10, 11, 12) if the assembly decides to. The decree sets a minimum, not a maximum. Large buildings can also produce simplified versions 11, 12, 13-1, and 13-2 as supplements.
Where can I find the official text of Decree 2.23.700?
In Official Journal No. 7391 dated March 31, 2025. That's the only authoritative text. This page and the PDF checklist are practical aids. For any decision with legal or financial stakes, verify the official journal directly.
When did Decree 2.23.700 come into effect?
March 31, 2025, the publication date of Official Journal No. 7391. It applies to fiscal years opened after that date.
What are the consequences of non-compliance?
The most immediate risk is account rejection at the assembly. Account rejection isn't just a procedural incident. It strips you of the legal right to recover unpaid charges and take legal action (Art. 24). Unpaid debts expire after 5 years (Art. 43). Each non-compliant fiscal year reduces what you can still recover. For large buildings over 1,000,000 MAD, the absence of external audit personally exposes the manager.
Is Annex 10 truly mandatory for all buildings?
Yes. Annex 10 (the co-owner contribution tracking table) is the only annexe common to all three categories. It's the foundational document tracking fund calls and payments unit by unit. No co-ownership is exempt.
How do I download the Decree 2.23.700 PDF checklist?
Click the "Download Free PDF Checklist (in French)" button on this page. The 2-page file summarizes the 5 compliance steps, required annexes by category, voting thresholds, and key deadlines. No registration required.
Producing annexes by hand takes hours.
Kassaba, property management software No. 1 in Morocco, automatically calculates your category, generates all your Decree 2.23.700 annexes in a few clicks, and produces PDFs ready to present to the assembly.
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