Glossary
Covenant
A lender condition tested against live data after funding, such as a minimum reserve balance. Board Butler tests them from the ledger rather than waiting for the lender to ask.
Jurisdiction record
What it is called where you are
Ontario
- Same in both jurisdictions.
Florida
- Same in both jurisdictions.
Product record
Where this shows up in Board Butler
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.