Reserve fund study
Helping Our clients to achieve their visions
The purpose of creating of a Reserve Fund Study is to provide a suitable strategy for making provisions for substantial maintenance and replacement of the building(s)/community(s) assets. Conducting a Reserve Fund Study is important as it acts as a separate fund to be used solely for the purposes of paying for the existing major repair and replacement of the common elements and assets of a building/community
As part of our scope, we identify adequate budget provisions for the future capital expenditure that will be required to carry out this work. Our team of professional consultants conduct a thorough review of the detailed reserve fund plan for the building/community in order to levy a reasonable reserve fund. This review entails the following activities.