Glossary
Percent funded
The reserve balance divided by the fully funded balance, expressed as a percentage. The number only means something when the methodology behind it is disclosed alongside it.
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.