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July 2015

Found 1 blog entry for July 2015.



Five Things Condo Owners Should Do Before Buying

1) Read the reserve fund study | Reserve Fund Studies are mandatory for all condo corporations. The purpose is to ensure that the condo board has enough money in reserve to pay for any repairs or replacement of the building and its assets. 

2) Read the condo board minutes | Each board is required to make the minutes of the meetings available to all the unit owners in the building. If there are any problems with the building they will be discussed at the board meeting and should be in the minutes.

3) Check if the building was built with post tension cables | Steel cables are run through the concrete in order to increase the

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