Long-term Repair Reserve Refund Calculator
Enter your move-in/out dates and monthly charge to prorate the repair reserve fund you can reclaim from your landlord when moving out.
📅 Residence Period
🧾 Monthly Charge
The 'long-term repair reserve' line on your maintenance-fee bill
⚙️ Options
💰 Refund Result
Amount to reclaim
360,000원
Equivalent months
24개월
Applied monthly charge
15,000원
✅ How to claim your refund
- 1Ask the management office for a 'repair reserve payment certificate' (settlement statement).
- 2Compare the total paid on the certificate with this result.
- 3Request the refund from your landlord, attaching the certificate.
- 4Check the lease for a tenant-bears special term (which limits the refund).
Request message template
Hello. From 2022-03-01 to 2024-02-29 I paid the long-term repair reserve fund included in the maintenance fee, totaling 360,000원 (24개월 equivalent). I would like to request its refund and will attach the management office payment certificate. Thank you.
⚖️ Why does the tenant get it back?
- • Under Article 30 of the Korean Multi-Family Housing Management Act, the owner (landlord) is responsible for the long-term repair reserve fund.
- • If the tenant paid it on the owner's behalf via the maintenance fee, the tenant may reclaim it from the owner when the lease ends.
- • However, if the lease has a tenant-bears special term, you may not be able to reclaim it.
※ The actual refund depends on the amounts actually billed, mid-term increases, and any special terms. Claim based on the management office payment certificate. This calculation is for reference only.
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