Reserve Funds
CondoBusiness
Continuous rise of reserve fund contributions
There are many reasons why contribution levels must increase, including unexpected issues, rising costs ...
CondoBusiness
Condo law reform in Ontario
If passed, Bill 72 would become the Property Owners’ Protection Act, 2012, and amend the existing Ontario New Home Warranties Plan Act, Ontario Building Code and Condominium Act, which, despite the province's condo boom, has not been ...
CondoBusiness
Legal update
This video report provides a legal update on recent legislative challenges and court rulings. Commentators: Deacon Spears Fedson & Montizambert's John Deacon and Miller Thomson's Marko Djurdjevac.
CondoBusiness
Annual funded ratio
A good way to assess the health of a reserve fund is to use an annual funded ratio (AFR) – the three-year moving average from the reserve fund starting ...
CondoBusiness
Reserve fund shortfalls
This video report looks at available options when there is not enough money in a reserve fund to cover unexpected repairs. Commentators: Morrison Hershfield's Lisa Kay and Genivar's Peter Leong.