Tag Archives: condo buying calgary

What do you know about Condo Reserve Funds?

Posted on May 12, 2016 by in Tips and Advice

If you live in a condo, or are thinking about moving into one, you’ve probably heard about Condo Reserve Funds before. The Condominium Property Act in Alberta, requires that condo boards establish and maintain a reserve fund, to provide capital for major repairs and replacement of common property owned by the corporation.  It is helpful […]

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Advice for Joining Condo Boards for New Buildings

Posted on November 10, 2015 by in Tips and Advice

With a brand new condo building, comes a brand new condo board, and the first year of a condo board is probably the most important. The way your condo is governed and run will be determined in the first year, and a lot of changes will be made so it’s a great idea to volunteer […]

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