Reserve Fund Studies & Depreciation Reports
Our qualified team of reserve fund planners have the skill and experience required to provide a quality Reserve Fund Study or Depreciation Report.
Condominium corporations are required to establish and maintain a reserve fund to ensure the costs of major repairs and/or replacements of the corporation’s common property are covered.
Benefits of a Reserve Fund Study:
- The condo corporation can make decisions with predicted expenses in mind.
- Reduced likelihood of special assessments.
- Enhanced property value – buyers can ascertain expected fee increases or special assessments.
- Long-term marketability for financially stable properties.
Our specialists will guide you through the Reserve Fund Study process with the goal that we contribute to the financial stability of your property with the option of on-going support and analysis.