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Glossary

Component

One reserve item with a useful life and a replacement cost, such as a roof or an elevator cab. The component list is what turns a building into a funding plan.

Jurisdiction record

What it is called where you are

Ontario

Component.

Florida

Component.

Product record

Where this shows up in Board Butler

Reserve planning and scenarios

Every term, both jurisdictions

The glossary carries the whole vocabulary a condo or HOA board runs into, with the Ontario and Florida words side by side.