President Lee Jae-myung speaks during a meeting with presidential advisory bodies and committees at the Blue House on the 21st. /Courtesy of News1

President Lee Jae-myung said, "Whether it is an apartment, an officetel, or a commercial building, excessive collection of maintenance fees for shared-use buildings is now illegal."

On the 23rd, the president wrote this on social media (SNS) while sharing a news article covering the maintenance fee system improvement plan for multifamily housing that the Ministry of Land, Infrastructure and Transport released on the 21st.

The president said, "Anyone has the right to request a breakdown of maintenance fees," and added, "From now on in Korea, all abnormalities will be normalized."

The Ministry of Land, Infrastructure and Transport released the "Multifamily housing maintenance fee system improvement plan" on the 21st. It included measures to revoke the qualifications of and remove managers if they cause financial damage to residents through corruption or obtain unjust gains.

The government also decided to raise penalties, including imprisonment of up to two years or a fine of up to 20 million won for failing to keep maintenance fee ledgers or falsifying them, and imprisonment of up to one year or a fine of up to 10 million won for refusing to allow inspection or issuance of the ledgers.

※ This article has been translated by AI. Share your feedback here.