Apart-i Offers Simple Long-Term Maintenance Fund Lookup

## AptI Helps Tenants Find 'Hidden Money' in Long-Term Repair Reserve Fund! Launches Easy Inquiry Service for Tenants Apartment living support platform AptI has officially launched an easy inquiry service to help tenants exercise their legitimate right to a 'refund of the long-term repair reserve fund.' Now, with just one mobile app, you can easily check the long-term repair reserve fund you've paid and your estimated refund amount. ### The Lost Right: Long-Term Repair Reserve Fund The long-term repair reserve fund is a cost accumulated for the maintenance and repair of major apartment facilities. Legally, the homeowner is responsible for this cost, but in reality, it is often included in the management fee and paid by tenants. According to the multi-family housing lease law, tenants can request the return of this amount from the landlord upon termination of the lease. However, many tenants were unaware of this fact or found it difficult to confirm payment details, frequently moving out without receiving a refund. Especially in an era of high inflation, with the reserve fund increasing by approximately 10% annually, it is by no means a small amount for tenants. ### AptI's Smart Solution To solve these problems, AptI developed a service where users can instantly check the estimated refund amount for the long-term repair reserve fund by simply setting their residency period within the app. Now, without having to rummage through paper bills or visit the management office directly, tenants can transparently inquire about their details and request a legitimate refund anytime, anywhere with their smartphone. This will be a practical way to prevent financial losses for tenants and protect their rights. ### A Promise Towards Enhanced Transparency and Resident Convenience Yoo Gwan-hyung, team leader of AptI's Planning Team, stated, "We planned this service to help tenants find their legitimate rights," adding, "AptI will continue its efforts to strengthen management fee transparency and prioritize resident convenience." Through this service, AptI aims to contribute to fostering a transparent management fee culture and will not cease innovating for a better apartment living experience for residents. ### Korea's No. 1 Apartment App, AptI Supporting multi-family housing management fee payments for over 33,000 complexes nationwide, 'AptI' is Korea's No. 1 apartment-exclusive app. In addition to management fee inquiry and payment, it provides various convenience features such as visitor vehicle registration, resident voting, community functions, and fire safety household inspections. Recently, by providing electronic bills instead of paper ones, it's 'killing two birds with one stone' – convenience and environmental protection – constantly evolving into a resident-centric service. AptI's long-term repair reserve fund inquiry service will be an important step towards protecting tenants' rights and bringing transparent and convenient apartment living one step closer.