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  • Question to other people who own flats, our buyer seems quite concerned over there being no sinking fund for our flat.

    Does your lease make provision for a sinking fund or reserve fund? Not all leases do, and if the leases in your building don't provide for a sinking fund then that's just the way it is unless everyone agrees to a variation of the leases.

  • Well if the lease doesn't allow the landlord to build up a sinking fund they shouldn't be surprised that there isn't one!

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