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Is a portion of that held back and used to fund major works contributions?
Does the property have a lift?
If you answered yes to either of those questions, then it's reasonable.
When looking at ex LA property some really great questions to ask:
- when was the last section 20 served
- what was done
- how was it paid for
- when was the last section 20 served
I know this can vary a lot but place we viewed is 200/mo service charge for an ex LA 2 bed. Is this normal?? seems much higher than i expected