Apartment Dues Increase: Comprehensive Budget Analysis and Two Operating Project Examples
Apartment Dues Increase: Comprehensive Budget Analysis and Two Operating Project Examples — Transparent and documented execution of financial transactions in apartment management is a legal obligation. With the 2026 regulations, the auditing of apartment accounts has been tightened.
Apartment Bank Account
Dues must be collected in a separate account opened in the name of the apartment building. Collecting dues in a personal account is legally problematic. A tax number, general assembly resolution, and signature circular are required for the account.
Books and Records
According to Article 36 of the Condominium Law (KMK), the manager is obliged to maintain an income-expense ledger and a decision book. All expenditures must be documented with receipts/invoices.
KMK Article 20 — Common Expenses and Dues: "Unit owners are obliged to contribute to the maintenance, repair, and management expenses of common areas in proportion to their land share." Enforcement proceedings can be initiated against a unit owner who does not pay dues. A monthly late fee of 5% is applied to overdue dues. Dues debt passes to the new owner in the event of transfer of the apartment — the defense of "I bought the apartment, I am not responsible for old debts" is invalid. The manager is required to post the dues debt list on the apartment bulletin board.
Legal Basis of Dues and Common Expenses
You can consult Imer Yonetim for detailed guidance and professional management support on the matter.
Payment, Follow-up and Sanctions
You can consult Imer Yonetim for detailed guidance and professional management support on the matter.
Imer Yonetim: Financial transactions are tracked in real-time via the online portal, and SSI and tax declarations are handled by our financial advisors.
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