Condo Reserve Funds: Why They’re so Crucial for the Health of the Building

Condo Reserve Funds: Why They’re so Crucial for the Health of the Building
Lyndsey McNally, director at the Condominium Lending Group is shown in an undated handout photo. The Canadian Press/HO
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Condos can be fixer-uppers too.

Home inspections can warn prospective buyers of upcoming critical costs—such as a new roof or a leaking basement—but buyers in the condo market might not have the same clarity.