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Protecting Your Condo Home From Collapse

Author: 
Toronto Condo News
Publication date:
March 23, 2022
Article Summary: 

This blog discusses a report on preventing residential building failures, with a focus on the Champlain Towers South condominium collapse in Florida in 2021. The report recommends mandating reserve fund studies and funding levels, similar to Ontario's regulations, and stricter rules on building inspections. The report also highlights the importance of addressing major structural damage and the unwillingness of owners to pay for necessary repairs.

Keywords: 

protecting, condo home, collapse, reserve fund studies, mandated, stricter rules, and building inspections.

Source Citation: 
Toronto Condo News
Protecting Your Condo Home From Collapse
March 23, 2022
https://tocondonews.com/archives/protecting-your-condo-home-from-collapse/
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