#20663
Jimmy-T
Keymaster

    You are required by law to have a 10-year forward maintenance plan (revised every five years) and to have enough funds in the kitty to service it.

    That’s your stating point – do you have more money than you need in your maintenance (formerly ‘sinking’) fund?

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.