Calculate the renewal fund: contribution for condominium owners.
Calculate the annual contribution to the renewal fund per unit, from the building insurance value, contribution rate and ownership share.
Contribution to the renewal fund
How to calculate
- 1Take the building insurance value from the policy
- 2Enter the annual contribution rate from the regulations
- 3Enter the ownership share of the unit
- 4Calculate and present at the owners’ meeting
Worked example with fictional details
Illustration only: insured building value CHF 2,000,000, an arbitrarily chosen annual contribution rate of 0.5%, and an ownership share of 80 out of 1,000. The fund receives CHF 10,000 a year; this unit contributes CHF 800 a year, equivalent to a monthly average of CHF 66.67.
The example rate of 0.5% is not a recommendation or a finding that future renovations are adequately funded. Use the owners’ valid resolution or regulations and their own renewal plan.
Frequently asked questions
The rate is set out in the regulations or decided by the owners’ meeting. Enter the rate that applies to your community.
The share of a condominium unit in the whole property, usually given in thousandths.
Documents are created in your browser. The letterhead stays on this device until you delete it. Form entries are temporarily kept in browser storage when switching language. When company search is enabled, the search term is sent through our server to Zefix.
Relief with owner enquiries
ailean relieves the management of owner and tenant enquiries.
How ailean works for property managers