Publications

Reserve funds : Condominium Property Act

Description

The Condominium Property Act requires that condominium corporations establish and maintain a capital replacement reserve fund to provide for major repairs and replacement of property and common property owned by the corporation. This fact sheet covers the responsibility and financing information for condominium boards, corporations and owners.

Updated

April 17, 2024

Tags
Condominium Property Act condominium corporations condominium reserve funds condominiums public health emergencies reserve funds

Title and publication information

Type
Fact Sheet
Extent

2 pages

Frequency

Once

Publisher / Creator Information

Publisher

Service Alberta and Red Tape Reduction

Place of Publication

Edmonton

Resource Dates

Date Created

2024-04-17

Date Added

2024-04-17T20:10:32.677318

Date Modified

2024-04-17

Date Issued

2024-04-26

Audience information

Identifiers

Usage / Licence

Contact

Contact Name

Service Alberta and Red Tape Reduction

Contact Other

Call the Service Alberta and Red Tape Reduction Contact Centre at 1-877-427-4088