Contingency fund - Legal lexicon
Personal Business Packages & Subscriptions
Français About us Create a free account Log in
Interactive legal guides Legal frequently asked questions Legal blog Videos
ONLINE LEGAL DOCUMENTS
Legal lexicon > Contingency fund

Contingency fund

The contingency fund is established to provide for the costs of major repairs and replacement of the common portions of the co-ownership. This fund is supplied through regular contributions from co-owners. The fund is owned and managed by the syndicate of co-owners (condo association).

This browser does not support this kind of file. Please download the file to view it: Download the file