Managing a condominium's financial health is a key responsibility for condo boards. To ensure long-term financial stability, it is critical to establish and maintain a robust reserve fund. A condo board reserve fund calculator can be a useful planning tool, but should be viewed as an informative exercise only. For an accurate and reliable reserve […]
A reserve fund study is completed to assess the long-term capital needs of a property, helping a condo board or other association create a cost-effective plan for maintenance and repair needs and ensuring the organization has sufficient funds to pay for costs as they arise. As part of this proactive tool for property management, there […]
While some building organizations believe low maintenance costs are the way to save money and maintain robust finances, cutting maintenance costs excessively can backfire and lead to significant repair bills in the future. What’s more, many organizations are then not financially prepared for these urgent costs. A key solution is assessing potential future maintenance needs […]
Canadian commercial buildings need resilient and dependable commercial roofing systems to withstand the weather extremes and other forces they face. Certain commercial roofs tend to be better suited to meet these heavy demands. The numbers of different types of commercial roofing in use can vary and change over time, depending on specific building needs, industry […]
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