Reserve Funds

CondoBusiness

Continuous rise of reserve fund contributions

There are many reasons why contribution levels must increase, including unexpected issues, rising costs ...
REMI

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 ...
John Deacon, Marko Djurdjevac

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.
REMI

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 ...
Lisa Kay, Peter Leong

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.