Reserve fund minimums vary according to each condo corporation
Q. Is there a specific amount of money required by all condo corporations to be in the reserve fund account? I don’t want to buy a condo that is financially stressed because of an inadequate reserve fund. 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. Read the Q&A………….
Prospective B.C. Human Rights Tribunal complainant Andreas Kargut says he and his non-Mandarin speaking Wellington Court strata members are willing
Q. Who is responsible for confirming that the condo owners have smoke detectors and that they are in proper working
Condo residents at Toronto’s Shangri-La hotel are being told not to use their balconies after several incidents of falling glass.