Japan’s land ministry eyes bill to prevent overpriced condo repairs

/ Owner - October 19, 2024

Japan’s land ministry aims to submit legislation to parliament next year that would prevent condominium owners from concluding repair and cleaning contracts at prices higher than going rates.  Under an envisaged revision of related laws, companies commissioned to manage the operations of condos’ boards by associations of the unit owners will be obliged to obtain approval at the associations’ general meetings when the companies ask their group entities to perform condo repairs and cleaning work.   Read the article…………………………….

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