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Reserve Fund (Fonds de prévoyance)

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Term Definition
Reserve Fund (Fonds de prévoyance)
Reserve Fund Study completed to provide financial planning advice. The consulting service should consider the stated policies in the Declaration of Co-Ownership defining those components to be covered by the study and incorporate a comprehensive benchmark analysis including life cycle analysis, current and future rep1lacement costs and future reserve fund accumulations. The Study should provide comments on any apparent deficiency in the reserve fund account or in future reserve fund accumulation, along with a cash flow model covering an appropriate time frame.
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