Tag Archives: Reserve Fund

Reserve Fund Study – The Importance of Scope

    Alberta Condo Law states that condominium corporations are required to establish and maintain a reserve fund that can be used to cover the costs of major repairs or replacements to common property. Since condominium dwellings make up close to 1/5th..

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    Depreciation Report: How To Use It

      So, you’ve received your most recent depreciation report. Now what do you do with it? While it’s obvious to use the depreciation report for planning your strata fees and preparing to save for your reserve fund, the report is a..

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