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●Laws Concerning Condominium Management●
Laws concerning condominium management have been established in order to facilitate community life at condominiums and protect the common properties of the owners.
Act on Building Unit Ownership, etc. (Ministry of Justice) |
The Act on Building Unit Ownership, etc. is a law that stipulates items regarding management of for-sale condominiums and other buildings with unit ownership, as well as the rights and obligations of unit owners. For example, the law stipulates bylaws and operations of management associations, and the repair and reconstruction of buildings. |
Act on Advancement of Proper Condominium Management (Ministry of Land, Infrastructure, Transport and Tourism) |
The Act on Advancement of Proper Condominium Management provides regulations and other requirements on the condominium management contractors in order to secure a good living environment of condominiums. Specifically, the law obliges the condominium management contractors to explain important matters regarding their management operations and conduct segregated management of properties, and the building lots and buildings transaction business operators to issue design specification documents to management associations upon selling the units. As such, the law provides regulations to ensure that appropriate management is conducted. Moreover, the law stipulates establishment of the system for legally licensed condominium managers who provide management associations with professional advice, and of the condominium management adjustment promotion center, which is a support group for management associations. |