[Condominiums] Checking the Reasonableness of Repair Reserve Funds [Revised Edition 2]
Author: goikenbdExecutions: 1100
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| Estimated Amount of the Repair Reserve Fund | ～ yen/month(Average) (yen/month) |
| Repair costs per vehicle in a mechanical parking garage | Yen/unit·month |
| Total | ～ yen/month(Average) (yen/month) |
[Explanation]
(1) Calculations are based on the revised version of the “Guidelines on Repair Reserve Funds for Condominiums” published by the Ministry of Land, Infrastructure, Transport and Tourism on September 28, 2021.
Please note that the “Repair Reserve Fund Amount (Guideline)” represents a range that encompasses two-thirds of the examples (the top and bottom one-sixth of the examples are excluded).
For details on the guidelines, please refer to the “Related Links” below.
(2) For further details, please refer to the “Related Links” below.
(1) Calculations are based on the revised version of the “Guidelines on Repair Reserve Funds for Condominiums” published by the Ministry of Land, Infrastructure, Transport and Tourism on September 28, 2021.
Please note that the “Repair Reserve Fund Amount (Guideline)” represents a range that encompasses two-thirds of the examples (the top and bottom one-sixth of the examples are excluded).
For details on the guidelines, please refer to the “Related Links” below.
(2) For further details, please refer to the “Related Links” below.
- Related links
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Setting the maintenance reserve fund too low may help sell the unit, but it’s the buyer who will face problems later on.
Be sure to check the maintenance reserve fund for the condo you’re considering purchasing!