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  • Phil

    Member
    May 13, 2022 at 10:16 am

    Great explanation of a concept many Condo Corporations don’t consider. I suppose one could also play around with inflation in this calculation as well to provide yet an additional factor to an exercise primarily being used to counter inflation in the first place. You could provide it over the time remaining in the current reserve fund study. Especially these days even though an inflationary factor should have been used in a Corporation’s Reserve Fund Study it probably has no relationship to what it was when the study was commissioned compared to what it is currently.

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