Condo Culture: Reserve fund studies essential

Q. My husband is a new board member and just found out a reserve fund study is required this year. Other board members informed him there are three different kinds of reserve fund studies. This is a brand new property so what type of reserve fund study would be required? This sounds confusing to us.  Read the Q&A…………….


Related Articles

Lack of strata agents hurting industry, insiders say

The Lower Mainland is in serious need of more licensed strata managers – but persuading people to take up the

Tenants’ federation to expand reach to condo renters

The 40-year-old Federation of Metro Tenants’ Associations is expanding in hopes of stepping up protections to an exploding new generation

Condo board member’s relationship with superintendent complicates matters

There is a rumour that one of our board members and our superintendent are in an amorous relationship. Does that