That Reserve Fund Balance Means Nothing
Zachary Soccio-Marandola
<newsletter@socciomarandola.com>
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That Reserve Fund Balance Means Nothing
By Zachary Soccio-Marandola · · View online →
The Legal Newsletter for Ontario REALTORS®
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Reading Time: 4 minutes
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Key Takeaway
The reserve fund balance on a status certificate means nothing in isolation; what matters is whether the board has adopted the funding recommendations from the most recent reserve fund study.
The reserve fund balance on a status certificate means nothing in isolation; what matters is whether the board has adopted the funding recommendations from the most recent reserve fund study.
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