Established by the condominium act 1998, every condo corporation requires to set up a reserve fund plan, ensuring that it is adequate to pay major repairs, common elements replacement, and any assets of the corporation as they age.
At GH Valorem Group Inc. we know how to assist your building get an accurate forecast and avoid the harmful pain of withdrawing a high amount of money at one time when the problem comes. Keep your assets aging and critical repairs on track.
Planning the future budget a condominium corporation needs will help to void high expenses due to maintenance and repair.
Contact us!! Let us explain how this bylaw works and how we can assist you.