Reserve Fund Study

A condominium reserve fund study is a crucial financial analysis undertaken by a condominium association to assess the health of their reserve fund. This comprehensive examination involves evaluating the condition and anticipated lifespan of the community’s physical assets, such as roofs, elevators, and common areas. By projecting future repair and replacement costs, the study determines the required financial contributions from unit owners. This process is essential for maintaining the condo’s long-term financial stability and ensuring adequate funds are available when major maintenance or capital expenditures are necessary. It informs budgeting decisions, condo fee assessments, and helps protect property values in the condominium community.

We provide top-notch condominium reserve fund study services in Alberta, ensuring high quality and accuracy.