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October 2019

The Importance of a Sinking Fund

The Importance of a Sinking Fund Section 19 of the Multi-Unit Developments Act 2011 governs the establishment and maintenance of a building investment fund, referred to as a ‘sinking fund’. It is essentially a rainy-day fund with a clear set of criteria for collection and spending. A sinking fund is often seen by apartment owners…

Bespoke Estate Agents Dublin
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