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Home COFSAB Forum Repairs and Maintenance Reserve Fund Contribution Levels (COF Condo Chat Question) Reply To: Reserve Fund Contribution Levels (COF Condo Chat Question)

  • COF Guest

    Member
    July 17, 2022 at 7:36 am

    The RFS cash flow analysis seeks to determine the overall annual contributions to the Reserve Fund, and typically does not provide the exact individual unit contributions (although some providers will show the “average” unit contributions for information purposes). The individual unit contributions are determined (by the Board or Management) by applying the unit factors. The unit factors are provided on the Condominium Plan. Note: Typically, unit factor is proportional to the size square footage) of the owner’s condominium unit.

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