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Legal reference

Reserve and repair fund rules in Argentina

Short answer

Each owner must contribute to the reserve fund (fondo de reserva) "if there is one". The Civil and Commercial Code does not make a reserve fund compulsory. The council of owners, when the assembly appoints one, authorises the administrator to dispose of the reserve fund for unforeseen expenses larger than the ordinary ones.

What the law says

Original wording of the law (Spanish). The summary and the notes around it are ours.

contribuir a la integración del fondo de reserva, si lo hay;
Provision: Código Civil y Comercial de la Nación, art. 2046, inciso d) · Official text

Last verified:

Also relevant

autorizar al administrador para disponer del fondo de reserva, ante gastos imprevistos y mayores que los ordinarios;
Provision: Código Civil y Comercial de la Nación, art. 2064, inciso c) · Official text

What this means in practice

The Code text read for this page does not say how large the fund must be or who administers it. The council is optional: the assembly "may" appoint one. This page covers the national Civil and Commercial Code; the Buenos Aires City law on administrators (Ley 941) is a separate text and is not covered here.

General information, not legal advice. Check with a lawyer in Argentina before relying on it, and read your building's own documents: they can change how a rule applies.

Where Unitify fits

Unitify keeps a balance per unit and records each contribution against the right unit. The size of the fund and what it may be spent on come from the law above and from the owners' decisions.

How this works in Unitify

Questions and answers

What does the law say about the reserve or repair fund in Argentina?
Each owner must contribute to the reserve fund (fondo de reserva) "if there is one". The Civil and Commercial Code does not make a reserve fund compulsory. The council of owners, when the assembly appoints one, authorises the administrator to dispose of the reserve fund for unforeseen expenses larger than the ordinary ones.
Where does this come from, and when was it checked?
The quotation is from Código Civil y Comercial de la Nación, art. 2046, inciso d), at the official source linked on this page. It was last checked against that source on October 2, 2026.
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