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Home COFSAB Forum Condo Owners Forum Q&A Misinformation or disinformation Reply To: Misinformation or disinformation

  • Brian

    Member
    April 12, 2022 at 4:24 pm

    No, there is no provision under the Condominium Property Act for that.

    The Act requires that a Reserve fund study be undertaken every five years and that a reserve plan be tabled by the Board every year, but no specific amounts are prescribed.