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Finding a condo that’s in good financial shape

Author: 
Condos.ca Staff
Publication date:
February 21, 2020
Article Summary: 

The blog post titled "Finding a Condo That's in Good Financial Shape" discusses how important it is to research the financial health of a condo corporation before purchasing a condo. The post explains that buyers should look at a condo corporation's financial statements, reserve fund, and insurance coverage to ensure that the condo is in good financial standing. The post also suggests that buyers should ask for the minutes from condo board meetings to understand the concerns and issues of the condo corporation. The post concludes by emphasizing the importance of conducting thorough research before making a purchase decision.

Keywords: 

condo, financial health, condo corporation, financial statements, reserve fund, insurance coverage, condo board meetings, purchase decision, research

Source Citation: 
Condos.ca Staff
Finding a condo that’s in good financial shape
February 21, 2020
https://condos.ca/blog/posts/finding-a-condo-thats-in-good-financial-shape
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