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 Condo asking an amount of money for new lifts

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straw
post Apr 28 2018, 03:11 PM

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current leasehold condo need to pay additional sinking fund for reno/upgrading building.
eg the owner pay by installment for 12 months might change to 36 months.

if new buyer enter to buy, who pay the additional sinking fund? pro-rate or
seller need to settle the full amount of additional sinking fund before consent letter?

thanks.

This post has been edited by straw: Apr 28 2018, 03:17 PM

 

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