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Mind Your Reserve Fund – or Pay the Price

Publication date:
September 21, 2022
Article Summary: 

The blog post discusses the importance of maintaining a healthy reserve fund for condominium corporations in Ontario, CanadaThe post emphasizes the legal requirement of having a reserve fund, the need for responsible management and funding to avoid insufficient funds and special assessments, and the potential legal consequences of not complying with reserve fund requirements.


Keywords include condominium corporations, reserve fund, major repairs, common elements, responsible management, regular contributions, funding, future expenses, insufficient funds, special assessments, and legal consequences.

Source Citation: 
Mind Your Reserve Fund – or Pay the Price
September 21, 2022
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