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How Do I Make My Condo Great

Living in a condo can be great! Vic Persaud, the Chair of CCI Toronto’s Membership Committee, which administers the Condo of the Year program, shares some tips and best practices on how to make the most of your experience in a condominium community.

Reserve Funds

A reserve fund is a condo’s piggy bank but does not exist for use on any given “rainy day”. There are restrictions surrounding the type of expenses a reserve fund can be used for, along with best practices to keep in mind to make sure that yours is adequately funded.

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