Dan Welyk Calgary Realtor® Since 1999

There Is No Substitute for Experience.

What is a Reserve Fund?

The reserver fund is an integral part of your monthly condo fees and it creates the ability to pay for scheduled repairs needing to be made to the complex. The reserve fund can be as low as a few thousand dollars, upwards into the hundreds of thousands or more. How much is in the reserve fund largely depends on what the reserve fund study dictates.

 

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