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Stay informed on the latest news about property management solutions for real estate professionals, about condominiums, income properties and plexes. All the information on building management and maintenance as well as real estate in general.

 

The Importance of contingency fund studies

Understanding the importance of contingency fund studies

1 October 2024

The significance of Contingency Fund Studies cannot be overstated. They play a critical role in ensuring a property remains well-managed and financially secure. By conducting these evaluations regularly, property managers and board members can accurately determine funding needs, minimize conflicts, comply with legal requirements, and maintain the property’s value.

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