Reserve fund requirements for Canadian condominiums and stratas
Condo Control
FEBRUARY 5, 2025
Class 1 – Comprehensive study A physical examination of the property must be conducted. Other areas, including the Southern Gulf Islands and Bowen Island, have until July 1, 2027. A minimum of $5,000, plus $200 per strata lot, must be paid, up to a maximum of $30,000.
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