Comments on: Summer 2008 Newsletter http://www.chesapeakestation.com/2008/07/27/summer-2008-newsletter/ Cheasapeake Beach, Maryland Tue, 26 Apr 2011 17:54:49 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Reserve Fund Study http://www.chesapeakestation.com/2008/07/27/summer-2008-newsletter/comment-page-1/#comment-29 Reserve Fund Study Thu, 07 Jan 2010 02:59:33 +0000 http://www.chesapeakestation.com/blog/?p=23#comment-29 The act will require condominium corporations with more than 10 units to have or complete a reserve fund study. This study will define the reserve fund required for that corporation, and help determine the budget for current and future maintenance or repairs to the buildings. As well, these corporations must submit annual financial statements to the director of condominiums at Service New Brunswick, ensuring that every condominium owner is kept appraised of its corporation’s financial status. <a href="http://www.ben-engineering.com" rel="nofollow">Reserve Fund Study</a> The act will require condominium corporations with more than 10 units to have or complete a reserve fund study. This study will define the reserve fund required for that corporation, and help determine the budget for current and future maintenance or repairs to the buildings. As well, these corporations must submit annual financial statements to the director of condominiums at Service New Brunswick, ensuring that every condominium owner is kept appraised of its corporation’s financial status.

Reserve Fund Study

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