Corpus Funds and Maintenance Cost Corpus Funds and Maintenance Cost

5 years ago

I am residing in an apartment and the apartment has a association to take control of the day to day activities. As a maintenance cost they have fixed a cost of Rs 1950 per month. The break-up of fixed cost is as below;

Payment to Security & maid
Common Electricity
Garbage Collection
Deisel for Generator
Cleaning materials
Drinking water for guards & maid
Buffer money for unforseen expenses
Fresh water Tanks Cleaning
Garden Maintenance
Motor(s) repairs/Electrical Works
Main Gates Repairs
Bulbs
Lift Annual Maintenance Contract
Common Plumbing Issues - Drain Pipes
Sewage & Septic tanks Cleaning
Apartment Adda Subscription
Generator Annual Maintenance
Transformer Annual Maintenance
Borewell repair/Maintenance
Minor civil works/Paintings

Some tenants feels like the components added in the fixed cost must be borne by the owners and as tenants they are not liable to pay them. These include the below things

Lift Annual Maintenance Contract
Common Plumbing Issues - Drain Pipes
Sewage & Septic tanks Cleaning
Apartment Adda Subscription
Generator Annual Maintenance
Transformer Annual Maintenance
Borewell repair/Maintenance
Minor civil works/Paintings

Hence want to know what are the costs that will be covered by the tenants in the above list and what are the things to be billed from the Owners. The association is not a registered association. Also can the tenants ask for the expense bills for the expenses made by the association? Also what items will be covered in the corpus and sinking funds?

Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
They have to account for the same and produce copies expenditure vouchers before you on demand.
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Karthik Venkatraman

Replied 5 years ago

Hi Sir,

Thanks for your reply. This will help us to a great extent. Also can you let me know what components I have listed can be contained into maintenance?

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