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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Class 1 – Comprehensive study A physical examination of the property must be conducted. British Columbia Under the Strata Property Act , every strata corporation and section must have contingency reserve funds (CRFs) to pay for common expenses that usually occur less often than once a year; or which do not usually occur.

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Why CRE asset management software is critical for commercial investment success

MRI Software

billion by 2027. With property portfolios growing rapidly, effective management is more important than ever. CRE asset management software centralizes data, enhances collaboration, and supports critical decisions, making it essential for your portfolio’s success. Without it, you risk costly penalties or oversights.