Apartment & Complex Management Blog

Aidat & Tahsilat

Is a Reserve Fund (Repair Fund) Mandatory?

Where does the money come from when a sudden breakdown or major repair arises in the apartment? That is why a reserve fund exists. Is it mandatory, and how is it built up? We explain from a practical perspective.

Yönetim Rehberi

Reserve Fund (Repair Fund) Management

The reserve fund is savings set aside in advance for unexpected large expenses. A well-managed fund prevents the shock of additional dues mid-year. In this article, we explain the importance and management of the reserve fund.