As the number of aging condominiums is expected to increase rapidly, the government plans to implement measures to reduce property taxes for two years from next month if repairs are made under certain conditions in order to encourage repairs of condominiums. is.
According to an estimate by the Ministry of Land, Infrastructure, Transport and Tourism, the number of condominiums that have been built for more than 40 years is expected to increase 3.6 times over the next 20 years to 4.25 million units. It has been.
For this reason, the government will implement measures to reduce property taxes for two years from next month in order to secure the reserve funds necessary for repair work of condominiums and to support consensus building of management associations.
Eligible condominiums are more than 20 years old and have more than 10 units, and have undergone large-scale repairs called "life extension work" such as painting and waterproofing of exterior walls at least once in the past. is a condition.
After that, if you secure the reserves necessary for repairs and carry out "life extension work" again, the property tax for the building part of the next year after the construction is completed will be reduced.
The reduction rate is to be set by municipal ordinance within the range of 1/6 to 1/2.
Regarding aging condominiums, there were cases where local governments took over the cost of removal etc. due to improper management, so this measure encourages repairs of condominiums to reduce the burden on local governments. .