The Ministry of Land, Infrastructure and Transport announced on the 26th that amendments to three enforcement ordinances, including the Enforcement Decree of the Small-scale Housing Maintenance Act and the Enforcement Decree of the Reconstruction Profit Recovery Act, were passed at the Cabinet meeting and will be implemented from the 4th of next month after the approval of the president.
According to the Enforcement Decree of the New Small House Renovation Act, the transfer of union member status to actual residents is permitted in small house maintenance projects with a size of less than 10,000 square meters.
Unlike large-scale maintenance projects that take more than 10 years, the Ministry of Land, Infrastructure and Transport considers that 5 years of ownership and 3 years of actual residence are sufficient to prevent speculation in small-scale housing maintenance projects that take only around 5 years, and reflected this.
The regulations that can limit the number of floors to 15 or less for street housing maintenance projects in type 2 general residential areas have also been relaxed. In the future, to revitalize the street housing maintenance project, local governments can voluntarily limit the number of floors in consideration of the project area and the width of the road.
The new enforcement ordinance specified the procedure for the inaugural general meeting for the establishment of a cooperative. In order to promote the small house maintenance project to promote transparent maintenance projects, a procedure has been established to appoint a representative with the consent of a majority of land owners and to have the representative convene an inaugural general meeting with a request of at least one fifth.
In addition, it is required to obtain permission from the head of the Si/Gun for acts such as construction of buildings and changes in the characteristics of land implemented in the project implementation area.
At the State Council meeting on the same day, an amendment to the Enforcement Decree of the Reconstruction Profit Recovery Act was also passed, requiring that the cost of the reconstruction be calculated by adding up not only the housing price but also the price of ancillary and welfare facilities such as shopping malls.
Currently, the target of the reconstruction fee calculation is limited to houses, so market prices such as shopping malls are not reflected.
Reporter Jeong Jeong [email protected]