Glossary
Reserve study
The engineering and financial study that lists the components, their remaining life and their replacement cost, then sets a contribution plan. Everything a board says about the reserve fund should trace back to one.
Jurisdiction record
What it is called where you are
Ontario
- Reserve fund study, with class 1, 2 and 3 updates.
Florida
- Reserve study; a structural integrity reserve study is a separate study, and a milestone inspection report is a separate structural document again.
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.