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Inadequate Reserve Funds

Author: 
Toronto Condo News
Publication date:
October 24, 2021
Article Summary: 

The article discusses the issue of inadequate reserve funds in condominiums and its potential impact on the maintenance of common elements. It highlights the importance of maintaining adequate reserve funds and offers suggestions on how to improve the situation. The article emphasizes the need for a proactive approach to managing reserve funds and for obtaining professional advice to develop an effective funding plan.

Keywords: 

reserve funds, condominiums, maintenance, funding plan, professional advice.

Source Citation: 
Toronto Condo News
Inadequate Reserve Funds
October 24, 2021
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