What is the "building reserve"?
The building reserve is the joint property of all co-owners of the building. It is a purposeful
fund
that serves for the maintenance of common parts and devices of the building. The co-owners pay
the reserve
in monthly installments to a special bank account of the building.
Who determines the amount of the reserve?
The amount of the reserve is determined by the co-owners by a majority vote based on the
co-ownership shares (area).
The minimum amount is prescribed by law, but co-owners can agree on a higher amount if necessary
due to
expected works or loan repayments.
What is a Co-owner Representative?
A Co-owner Representative is a person chosen by the co-owners to represent them in relations
with the
Manager and third parties. The Representative approves minor repairs, verifies invoices, and
communicates
the problems and needs of the building to the Manager.
How to report a fault in the building?
You can report a fault directly through our website via the
Report
a Fault
form, by email, or by phone. For emergencies (e.g., burst pipes), our on-call service is
available 24/7.
Can I see the balance of the reserve?
Yes, through the eSuvlasnik application, every co-owner has insight into the
balance of the
reserve account, payments, invoices, and debts at any time. Transparency is our priority.
What comprises the common parts of the building?
Common parts usually include: foundations, load-bearing walls, roof, facade, staircases,
elevators,
installations (up to the entrance to the apartment), boiler rooms, joint attics, and cellars.
Maintenance of these parts is financed from the reserve.
