Examination of Sinking Funds
This report examines the current challenges with setting aside ‘sinking fund’ provisions in multi-unit developments (MUDs) in Ireland. The focus of the report is to assess the levels of funds being set aside each year by MUDs, and to compare this with estimated costs for repairing, maintaining and renewing ‘common areas’ in apartment blocks (e.g., roofs, lifts, balconies and car parking).