Menosikulut

Menosikulut is a term used in Finland to describe the shared costs associated with running a housing cooperative or apartment building. It typically encompasses expenses such as water, electricity for common areas, heating, waste disposal, and general maintenance of the building and its grounds. These costs are usually divided among the apartment owners based on the size of their respective apartments, often measured in square meters or shares. The specific breakdown and management of menosikulut are usually detailed in the housing cooperative's bylaws and are overseen by the cooperative's board. Residents are typically billed monthly for their share of these expenses, along with any loan repayments for the building. Accurate and transparent management of menosikulut is crucial for the financial health and smooth operation of any housing cooperative. Changes to menosikulut can be proposed and voted upon by the cooperative's members at general meetings.