Capital reserve fund exists to minimize special assessments
Q: Due to mismanagement over the years, the monthly fee on a condo my sister purchased in 2005 increased from $350 to $436 to $644 per month following an assessment in January 2015. Is this allowed? The reserve fund was not kept up until recently. What is the required amount for a reserve fund? Read the article…………….
Ninety-nine years and some months ago, Calgary’s first parks superintendent William Reader planted a green ash tree on a boulevard
Toronto Hydro is working through the night trying to restore power to up to 9 buildings in the city’s waterfront