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What is the real estate maintenance fund in Japan?
The repair fee is charged for the long-term maintenance of the apartment and the maintenance of the value and safety of the apartment. In order to avoid sudden huge maintenance costs: such as apartment exterior wall decoration, elevators, water pipes and other large-scale maintenance projects.

This is collected in a long-term cumulative way according to the funds needed for the long-term transformation plan.

The repair cost of different apartments depends on the age, area and building structure.

The owner of the apartment needs to pay monthly. If it is a rented property, the repair fee is also paid by the landlord.

In any apartment building in Japan, the repair fee is completely equal to the owners of all floors, and it is equally divided when paying the fee.

The Japanese thinking is that the whole building belongs to everyone, and the safety of the building is related to every household, and there should be no distinction between who is more and who is less.

It is this kind of collectivism thinking that causes few disputes and contradictions in Japanese property management.