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Understanding these responsibilities is about more than just “good practice” – it is essential for the smooth running of your building.
Among the most common of these are disputes over service charges, particularly when it comes to communal areas.
The parties are entitled to clear explanations and thorough rationale as to why and how sums have been calculated.
A well planned sinking fund ensures that you can handle major repairs or replacements without relying on sudden, unexpected contributions from leaseholders.