Maintenance obligation (WEG) of the building
Maintenance obligation (WEG) – Each condominium owner is obliged to maintain the parts of the building in his or her individual ownership. Details: building tips. For example, the ground floor owner must maintain the garden part located in his area. For the measure of the proper administration a maintenance reserve is accumulated, which is not obligatory however legally. However, each condominium owner can demand this. These reserves avoid liquidity bottlenecks and the deterioration of a property.
Maintenance obligation (WEG) at a glance: Obligation to maintain a part of the building
- Each condominium owner is obligated to maintain the parts of the building owned by him or her individually.
- Accumulation of a maintenance reserve possible
- Maintenance reserve serves to avoid liquidity bottlenecks and the deterioration of a property
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