CNDO 008 - Reserve Fund Study for Condominium Managers

Course Description

This course empowers condominium managers with essential knowledge on reserve fund studies including types, content, specialists to involve and effective investment strategies. This course is recognized as one CMRAO CPE credit. 

• Module 1: 

  • Differentiate between a reserve fund and  a reserve fund study.

  • Explain the critical role of a reserve fund. 

  • Identify effective strategies for communicating the importance of reserve fund contributions to condominium owners.

• Module 2: 

  • Identify the persons of a prescribed class who can conduct a reserve fund study.

  • Differentiate the physical analysis and financial analysis content to include in a reserve fund study.

  • Explain each of the reserve fund study classes including the completion timelines.

• Module 3: 

  • Explain the purpose of a preliminary reserve fund.

  • Discuss the importance of key players such as experienced reserve fund study providers, financial experts and specialized lawyers for effective reserve fund management.

  • Employ a well-planned investment strategy for the financial stability of the condominium.

This course is self-paced. Learners have 30 days from the date of enrolment to complete the course.

Applies Towards the Following Certificates

• Empowered Condominium Professional : Compulsory Courses