of the periodic outgoings under the heading operating outgoings
that is used to determine the expected net periodic income.
The amount will depend upon the age, condition and design of the
building. It is commonly expressed as a ratio of the gross income.
Typical maintenance requirements for a residential property are:
- prevention and
control of water penetration and moisture (including mould).
- damage and wear
caused by excess temperature, wind and rain.
- the control and
eradication of termites and pests.
- normal wear and
- cracks and
fractures (particularly just after completion).
- replacement of