Sinking funds, reserve funds and depreciation charges (ARCHIVED)

Sinking funds, reserve funds and depreciation charges are all ways of making financial provision for future repairs or replacements.

This 2nd edition information paper is in three sections. The first section addresses matters that owners, occupiers, managers and drafting solicitors might like to consider. The second section provides further information in support of the RICS Code of Practice, Service charges in commercial property (‘the Code’). The third section (see appendix A) sets out suggested service charge lease provisions that have been specifically designed to comply with the principles and provisions of the Code.

This document is no longer current but can be referred to as information. If you have trouble accessing it please email library@rics.org