Japan: System to encourage rebuilding, repair must be established

/ Owner - October 31, 2022

How to proceed with the restoration of aging condominium buildings with units for sale has become a major issue. The government must take measures to facilitate reconstruction and other steps.  Under the current Condominium Unit Ownership Law, the consent of four-fifths of the owners is required to rebuild a condominium building, and the consent of three-fourths is required to make changes to common areas.    Read the article………………………..

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