A Contingency Reserve Fund Study is a report that may be more common in the future as Strata Councils are faced with the challenge of planning and budgeting for future building maintenance. The document rates the condition of every component of the building from the building envelope and roof to the plumbing and electrical systems. The CRFS will then attempt to assign a cost to replace each of these building components and systems before they fail.
David Setton
Answers In Real Estate
3195 Oak Street, Vancouver, BC V6H 2L2
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