A reserve fund or ‘sink’ fund is created under the terms of an apartment lease, with the intention of building up a sum of money over time which can be used to pay for, or contribute to, large items of future expenditure. The concept is to split the cost over a period of time, preventing one off
Official Management Agency Complaints Process
A common strategy used by apartment management agents is to form an alliance with 1 or 2 residents of the block, with the intention of communicating solely with these individuals, and disregarding complaints, requests and feedback from all other residents. Their other motive is to use these