Who decides how the repair fund is spent?
The owners at their meeting — not the manager. Under § 10 of Act 182/1993, owners of flats and non-residential premises are obliged to create a fund for operation, maintenance and repairs. It finances the maintenance and repair of the building's common parts and facilities, and also its renewal, modernisation and reconstruction. The owners' meeting decides on the money: it approves the budget, the annual accounts, the level of monthly payments, and the use of the fund's resources. The manager executes; they do not decide — and they must produce annual accounts of the fund's use and of the service charges, apportioned to individual flats. The meeting is held at least once a year.
📋 The rules
- The fund is governed by § 10 of Act 182/1993
- Owners are obliged to create the fund
- The owners' meeting decides on its use
- It also approves the budget and the payment levels
- The manager must produce annual accounts
🔓 Exceptions
- The meeting is convened as needed, and at least once a year
- It can also be convened at the request of at least a quarter of owners
- The accounts must be apportioned to individual flats and premises
⚠️ Penalties & fines
The commonest error is "that is for the manager to decide". It is not. The manager administers, but the use of the fund's resources, the budget and the level of payments are all decided by the owners' meeting. If you disagree with something, the answer is not a complaint to the manager but a vote at the meeting. And you can force a meeting: it must be convened at the request of at least a quarter of owners — you need not wait for the annual one. Ask for the accounts: the manager is obliged to produce annual accounts of the fund's use and of service charges, apportioned to individual flats. If you do not get them, request them in writing.
📎 Official sources
- Slov-Lex · Ownership of Flats Act (182/1993) →
- Ministry of Transport · Housing →
- Slovak Bar Association →
❓ Frequently asked
Must we create a repair fund?
Yes. It is a statutory duty of owners of flats and non-residential premises under § 10 of Act 182/1993. The fund finances maintenance, repairs, renewal, modernisation and reconstruction of the building.
Who decides how the money is used?
The owners' meeting, not the manager. It approves the budget, the annual accounts, the level of monthly payments and the use of the operation, maintenance and repair fund itself.
How often is the meeting held?
As needed, and at least once a year. It can also be convened at the request of the chair or of at least a quarter of the owners — so you need not wait for the annual meeting if a matter is pressing.
Must the manager produce accounts?
Yes. They must draw up accounts of the use of the operation, maintenance and repair fund and of the service charges, apportioned to the individual flats and non-residential premises in the building.
I disagree with how the fund is spent. What do I do?
The answer is not a complaint to the manager but a vote at the owners' meeting. If necessary, call one — a request from at least a quarter of the owners obliges it to be convened.
🔎 Common searches
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