{"id":3080,"date":"2012-12-17T13:38:13","date_gmt":"2012-12-17T08:08:13","guid":{"rendered":"http:\/\/apartmentadda.com\/blog\/?p=3080"},"modified":"2023-11-02T03:44:24","modified_gmt":"2023-11-02T03:44:24","slug":"repairs-maintenance-fund-definition","status":"publish","type":"post","link":"https:\/\/adda.io\/blog\/2012\/12\/repairs-maintenance-fund-definition\/","title":{"rendered":"Repairs &#038; Maintenance Fund \u2013 Definition"},"content":{"rendered":"<p>In the context of Co-operative Housing Societies (CHS),<\/p>\n<p>A <strong>Repairs &amp; Maintenance Fund<\/strong> consists of contribution from all Members, at the rate fixed at the General Body Meeting from time to time, subject to the<strong> minimum of of 0.75 percent per annum of the construction cost of each flat<\/strong> for meeting expenses of normal recurring repairs.<\/p>\n<p><strong>Utilization:<\/strong> The Repairs and Maintenance Fund may be utilized by the Committee for meeting the expenditure on maintenance of the society&#8217;s property and repairs and renewals thereof.<\/p>\n<p>This is per the <a href=\"https:\/\/adda.io\/blog\/the-maharashtra-cooperative-housing-society-bye-laws\/\" target=\"_blank\" rel=\"noopener\">Model By-Laws<\/a> of Maharashtra.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the context of Co-operative Housing Societies (CHS), A Repairs &amp; Maintenance Fund consists of contribution from all Members, at the rate fixed at the General Body Meeting from time&hellip;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[2024,2019],"tags":[368,369],"class_list":["post-3080","post","type-post","status-publish","format-standard","hentry","category-adda-community-accounting","category-adda-india-housing-society-apartment-management","tag-definition","tag-fund"],"_links":{"self":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts\/3080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/comments?post=3080"}],"version-history":[{"count":1,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts\/3080\/revisions"}],"predecessor-version":[{"id":17103,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/posts\/3080\/revisions\/17103"}],"wp:attachment":[{"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/media?parent=3080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/categories?post=3080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adda.io\/blog\/wp-json\/wp\/v2\/tags?post=3080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}