Which Type of Study Does Your Condo Need?

The type of reserve fund study your condominium requires depends on several factors:

Age of your condominium: Newer buildings typically start with a Type A study.

History of previous studies: The Condominium Act mandates a rotation between study types.

Recent major repairs or replacements: Significant changes may necessitate a Type B study instead of Type C.

Time elapsed since last site inspection: Generally, on-site inspections should occur at least every 3 years.

At Davinci Engineering, we help condo boards and property managers determine which type of study is most appropriate for their specific situation, ensuring both regulatory compliance and optimal financial planning.