Contingency funds: banks tighten their requirements
Banks are tightening their lending criteria around condominium contingency funds. What Bill 16 requires, and what it means for syndicates, co-owners and unit values.
Banks are tightening their lending criteria around condominium contingency funds. What Bill 16 requires, and what it means for syndicates, co-owners and unit values.
US tariffs on steel and aluminum are pushing construction costs up in Quebec. What that means for condo fees, and why your contingency fund contributions may need revisiting.
Refused insurance, blocked mortgages, legal disputes and falling unit values: what a condominium risks when the contingency fund study and maintenance logbook are neglected.
Everything Bill 122 requires for façade and parking garage inspections in Quebec: frequency, procedures, reports, preventive maintenance and how to declare a dangerous condition.
What a contingency fund is, why it matters for your condominium, and how to estimate the amount your building will need over the next 25 years.
Five ways a contingency fund study helps you take control of your condominium budget: knowing costs in advance, planning ahead, prioritizing work, cutting waste and involving residents.
How a contingency fund study helps you understand your building, avoid unexpected costs, protect your property value and improve life for residents.