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Sinking funds, reserve funds and depreciation charges [electronic resource]

By: Language: English Series: RICS Information PaperPublication details: London RICS 2009ISBN:
  • 9781842194690
Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Addresses some of the issues relating to sinking funds, reserve funds and depreciation charges in commercial properties. The first part of this paper deals with matters to be considered by owners, occupiers, managers and drafting solicitors including: making provision for future service charge expenditure, leases, payment plans. Part two provides further information based on, and developing, the RICS Code of practice "Service charges in commercial property".

Addresses some of the issues relating to sinking funds, reserve funds and depreciation charges in commercial properties. The first part of this paper deals with matters to be considered by owners, occupiers, managers and drafting solicitors including: making provision for future service charge expenditure, leases, payment plans. Part two provides further information based on, and developing, the RICS Code of practice "Service charges in commercial property".