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IRES2340 - Reserve Fund Case Study

This course is designed for professionals who meet the academic requirements of the CRP (Certified Reserve Planner) designation.  The course is the last educational component of the CRP designation and ends with an assignment that is due one (1) month after the course ends.

This course is designed to demonstrate the  step by step performance of a reserve fund study, as required by new provincial condominium legislation. Students will actively participate in producing an actual reserve fund study report, which includes all the criteria and essential elements of a professionally prepared reserve fund study.

The course encompasses all aspects of a reserve fund study with attention to every detail of the reserve fund planning process. Students will visit and inspect a condominium building, examine and analyze building plans, provide a condition and life cycle analysis of the building components, and prepare a complete reserve fund study report.

Course Content

  • Purpose and Definition
  • Reserve Fund Standards
  • Objectives and Outcomes
  • Reserve Component Classification
  • Component Cost and Condition Analysis
  • Economic Analysis
  • Benchmark Analysis
  • Financial Review and Analysis
  • Adequacy of Reserve Fund
  • Reserve Fund Cash Flow Projections
     

Who Should Attend

  • Certified Property Mangers
  • Engineers
  • Accredited Appraisers
 

Prerequisite Courses:

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