News & Insights

Discover how condo reserve funds protect condominium corporations from unexpected costs. Nicholas speaks with Romina Facchini of Statis Inc. about reserve fund studies, funding plans, major repairs, contribution increases, construction inflation, and why keeping condo fees artificially low can lead to loans, special assessments, and significant financial challenges for condo owners.

Preventive maintenance is more than a maintenance checklist. It is a long-term strategy that protects building systems, supports reserve fund planning, and reduces emergency repairs. Here's why Ontario condo boards should view preventive maintenance as one of the most important services a property management company provides.