Report on maintenance needs

The board of directors must present a report on maintenance needs at the ordinary shareholders’ meeting. The report must be presented in writing, and legislation requires that it includes all maintenance needs for the next five years for the buildings and properties owned by the housing company. These maintenance needs are essential in terms of the use of the owner apartments, the charges for common expenses and other costs related to the use of owner apartments. 

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The board of directors must present a report on maintenance needs at the ordinary shareholders’ meeting. The report must be presented in writing, and legislation requires that it includes all maintenance needs for the next five years for the buildings and properties owned by the housing company. These maintenance needs are essential in terms of the use of the owner apartments, the charges for common expenses and other costs related to the use of owner apartments.