Condo Culture: Purchaser should review rules, too

Q: Is there a specific amount of money condo corporations are required to have in the reserve fund account? I don’t want to buy a condo that is financially stressed because of an inadequate reserve fund account. How do I know what amount is sufficient? This is my first condo so I do not want any unpleasant surprises like huge special assessments because of lack of funds.   Read the Q&A…………