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What is 1R, 1K, 1DK and 1LDK
Property Knowledge
Exploring Koenji: A Harmonious Blend of City Convenience and Creative Culture
Exploring Tokyo
What are the costs incurred when buying a property in Japan?
Property Knowledge
Essential Knowledge for Property Investment in Japan (Part 2): Understanding Japan’s Earthquake Resistance Structures and Technology
Property Knowledge
Essential Knowledge for Property Investment in Japan (Part 1): Understanding Japan’s Earthquake Resistance Standards
Property Knowledge
A guide for foreigners buying real estate in Japan.
Property Knowledge
Repair Reserve Fund Fees
Repair Reserve Fund Fees(修繕積立金) is a long-term reserve set aside to cover the costs of maintaining and repairing buildings, like apartments or condominiums. It ensures there are funds available when large-scale repairs or maintenance due to aging are needed. Each owner contributes a fixed monthly amount to this fund, and the amount can vary depending on the property and management association. This fund is essential for maintaining the long-term value and safety of the building.
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