The maintenance reserve is the joint savings account of the owners' community. It is intended to finance larger measures of the owners' property e.g., renewal of the roof, the lift, heating system, etc. The owners hold a meeting to decide on the additional contribution to be added to the maintenance reserve, which should then be paid as part of the housekeeping on a monthly basis. The monthly payments in small amounts help protect the owners from having to pay large amounts if need arises. The maintenance reserve should be in accordance with the German Condominium Act, but there are no exact specifications. The owners must assess the age, condition, facilities, and the repair requirements on their property and adjust the maintenance reserve accordingly. The collected maintenance reserve is a joint possession of the owners' community and cannot be paid pro rata if an owner sells his/her part.