Abstract
Background/Objectives: Because of poor or inadequate regulations, long-term repair arrangements do not often reflect the management needs of multi-family housing complexes. This study gives political improvement suggestions for multi-family housing complex long-term repair plans that included establishment, reviews, plan coordination, and maintenance reserve accumulation and execution.
 Methods: Long-term repair plan and reserve accounting documents for multi-family housing complexes from 1994 to 2021 were examined using frequency and percentage. The Multi-family Housing Management Act of South Korea includes an obligation to have long-term repair plans for the targeted multi-family housing complexes.
 Results: 1) The long-term repair plan execution funds needed in 2020 were calculated by the Korean Housing Managers’ Association’s computer program and found to be 3.64 times greater than in 1994. 2) The long-term repair reserve was used in part for elevators and CCTV and fire fighting equipment repairs; however, no legal repair periods were considered. 3) The long-term repair reserve rate was highest 20 to 30 years after construction, at which time residents find the required expenses difficult to afford.
 Conclusion/Implications: The case study highlighted several problems: (1) missed work types when the long-term repair plan was established; (2) insufficient repair reserve accumulation because of the Multi-family Housing Management Act regulation that states that repairs need only commence one year after construction and limits repairs to some work types to three to 20%; and (3) no unified area standard for long-term repair plans and K-APT reserves, which altered long-term plans to short-term plans and had three years of field application review and coordination.
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