CALCULATION OF THE QUOTA FOR THE RESERVE FUND
quotas★★★★★
❓ Identified Question
"How to calculate the quota for the Common Reserve Fund in a condominium?"
🎯 Direct Answer
The quota for the Reserve Fund is generally proportional to each co-owner's fractions, considering the thousandths of each fraction.
Legal Basis: Artigo 1421.º do Código Civil View on DRE
Official Documentation
📋 Context & Applicability
The quota depends on the thousandths of each fraction and the resolution in the condominium assembly.
The quotas for the Reserve Fund are defined based on the ownership fractions of each co-owner, as stipulated in the constitutive title.
- Verify the thousandths of each fraction.
- Deliberate in the condominium assembly regarding the contribution to the Reserve Fund.
✅ Technical Checklist
- Confirm the thousandths of each fraction.
- Hold an assembly to discuss the quota for the Reserve Fund.
Applicability depends on a resolution in the assembly.
Legal Notice
This content is for informational purposes only and does not replace personalised legal advice.
Always confirm critical decisions with a qualified lawyer or professional.
The content is specific to Portuguese law and may not apply to other jurisdictions.