Housing Society Problems & Solutions: Collecting Contribution for External Painting and Becoming an Associate Member
When a cooperative housing society (CHS) opts for structural repairs or external repainting of their building, they can choose to utilise the funds collected under the repair fund in the monthly maintenance bill. However, if the expenses are estimated to be higher than the accumulated repair funds, the Society is permitted to divide the additional charges proportional to the area of each flat.
Moneylife Foundation Free Legal Helpline Society Gbms Your Society Moneylife Foundation Legal Helpline External Painting Becoming An Associate
Source: moneylife.in