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Legislation & ResolutionsLegislation

Artigo 1436.º, n.º 1, alínea m) do Código Civil (aditado pela Lei n.º 8/2022)

Common reserve fund (minimum 10%)

1436.º, n.º 1, alínea m)

Introduction of the mandatory reserve fund

Lei n.º 8/2022

Minimum Contribution

Minimum of 10% of the ordinary annual fee.

Usage

Exclusively for conservation expenses and building improvement works.

Separate Account

Must be deposited in a separate bank account.

Mandatory

Mandatory for all condominiums.

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