Condo

Special Assessment: Consider the alternatives

David Morrison was featured in Toronto Condo News March 2023 publication (pages 19, 20) to discuss how borrowing funds can be an appropriate alternative for special assessment when there is a large capital requirement and insufficient funds in the reserve fund. The borrowed funds can be appropriate for roof replacement, underground garage repairs, and elevator replacement, among others.

March-2023-Toronto-Condo-News

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Special Assessment: Consider the alternatives

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A complex condominium financing structure

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