Hi
I couldn't find a thread on this before - does anyone have tips for things to look out for when reviewing Management Company accounts before buying an apartment?
If the development is approx 10 years old, how much of a sinking fund should ideally be in place?
(My solicitor is carrying out the legal searches re pending legal actions etc so this is more in relation to the actual financial statements).
Thanks!
I couldn't find a thread on this before - does anyone have tips for things to look out for when reviewing Management Company accounts before buying an apartment?
If the development is approx 10 years old, how much of a sinking fund should ideally be in place?
(My solicitor is carrying out the legal searches re pending legal actions etc so this is more in relation to the actual financial statements).
Thanks!