Voting rules may change to speed up earthquake-retrofitting
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) is considering bringing in relief measures that will reduce the number of votes needed by apartment owners when deciding on earthquake-retrofitting.
Currently, a majority vote is needed for small repairs, but if the building association wishes to carry out large-scale repairs which may include earthquake-retrofitting, at least 75% of apartment owners must agree to the repairs. Proposed changes by the MLIT would change this to a majority vote. Read more