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The Theory of Reserve Fund Planning – A Primer

Author: 
James Davidson
Publication date:
October 20, 2020
Article Summary: 

The blog post provides an introduction to reserve fund planning for condominiums. The post explains that a reserve fund is a pool of money set aside to pay for major repairs and replacements of common elements in a condominium. The post provides guidance on how to conduct a reserve fund study, which involves assessing the current condition of the common elements and estimating the future costs of repairs and replacements. It also provides tips on how to develop a reserve fund plan that balances the needs of the condominium with the financial capabilities of its owners.

Keywords: 

reserve fund planning, condominiums, major repairs, common elements, reserve fund study, financial capabilities, owners, future costs.

Source Citation: 
James Davidson
The Theory of Reserve Fund Planning – A Primer
October 20, 2020
https://dhacondolaw.ca/condo-law-news/the-theory-of-reserve-fund-planning-a-primer/
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