HCM City seeks to sort out mess over apartment maintenance funds

HCM City seeks to sort out mess over apartment maintenance funds

HCM CITY - The HCM City Department of Construction wants the People’s Committee and Ministry of Construction to enact coercive regulations to ensure apartment developers promptly hand over maintenance funds paid by buyers to apartment managements.
Apartment buildings to have co-holders of maintenance fund

Apartment buildings to have co-holders of maintenance fund

The Ministry of Construction’s latest draft regulations on apartment building management and use stipulates that there should be three to five co-holders of the apartment maintenance fund.