top of page
< Back


Save this article  > 

All Reserve Funds Start Underfunded

Toronto Condo News
Publication date:
September 24, 2021
Article Summary: 

The blog discusses the common issue of underfunded reserve funds in condo communities. The blog explains why reserve funds are important, and outlines the reasons why they often start underfunded, such as inadequate planning or unexpected expenses. The blog also highlights the consequences of underfunded reserve funds, such as the need for special assessments and increased fees for residents. The blog provides recommendations for addressing underfunded reserve funds, including the importance of creating a reserve fund study and conducting regular reviews of the fund.


underfunded reserve funds, condo communities, planning, unexpected expenses, consequences, special assessments, fees, reserve fund study, reviews.

Source Citation: 
Toronto Condo News
All Reserve Funds Start Underfunded
September 24, 2021
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page