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Body corporates get savvy with accumulated sinking funds

Two tips for body corporate managers

  1. Keeping common areas free of hazards is good advice for body corporate managers. If you have spare cash in your sinking fund, now is the time to budget for any repair work to hard surface areas. This will possibly avoid potential legal issues and keep your body corporate free of personal accident injury claims.
  2. Keeping your asphalt roadways and pathways well maintained may help the property's value keep track. This will be to the benefit of all the body corporate members.

January 12 2018