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Category:
Financials
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Looking Beneath The Surface - Reserve Fund Tricks
Author:
Toronto Condo News
Publication date:
November 24, 2022
Article Summary:
This blog discusses the importance of properly managing and utilizing reserve funds in condominiums. It highlights the significance of understanding the various expenses and requirements for maintaining and repairing condominium properties, including the need to save and allocate funds for future projects. The article also emphasizes the importance of having a reserve fund study and using it as a tool for proper planning and budgeting. Finally, the blog touches on the potential risks and consequences of inadequate reserve funds.
Keywords:
reserve funds, condominiums, budgeting, property maintenance, reserve fund study.
Source Citation:
Toronto Condo News
Looking Beneath The Surface - Reserve Fund Tricks
November 24, 2022
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