I'm sale agreed on an apartment but my solicitor has some concerns about the finances of the management company - typically in deficit (sinking fund covers) and levy collected from all residents to carry out fire safety remediation works in 2024. The yearly management fee is on the lower end (around €1300) so I suppose I was wondering if anyone knew if this was normal or abnormal to have the risk of needing to pay additional funds to cover works if owning in an apartment block?
u/Frosty_Description86 — 9 days ago