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Special Assessment: Consider the alternatives

Author: 
David Morrison
Publication date:
March 1, 2023
Article Summary: 

David Morrison, featured in Toronto Condo News, discusses borrowing funds as an alternative to special assessments for large capital requirements when reserve funds are insufficient. He highlights how borrowed funds can be used for various purposes such as roof replacement, underground garage repairs, and elevator replacement.

Keywords: 

David Morrison, Toronto Condo News, special assessment, borrowing funds, reserve fund, capital requirements, roof replacement, underground garage repairs, elevator replacement, condominiums, capital projects.

Source Citation: 
David Morrison
Special Assessment: Consider the alternatives
March 1, 2023
https://morrisonfinancial.com/special-assessment-consider-the-alternatives/
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