Reserve fund calculator
The reserve fund calculator will show how much your VvE must set aside each year at a minimum and how the reserve fund develops. The tool is still in development and is coming soon.
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What the law requires
- Every VvE maintains a reserve fund for costs other than the normal annual costs, such as painting or a new roof (Article 5:126(1) of the Dutch Civil Code).
- For a residential building, you set aside each year at least the amount from an MJOP that is no more than five years old and looks at least ten years ahead, or at least 0.5% of the rebuilding value (Article 5:126(2)). There is no exception for small VvEs.
- The money is held in a separate current or savings account in the name of the VvE. You can only deviate from this in the regulations, by a decision of at least four fifths of all votes, or with a bank guarantee (Article 5:126(3)).
- When an apartment is sold, the board’s statement includes the size of the reserve fund (Article 5:122(6)).
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This tool is coming soon.