Bluenose Engineering Reference Information
Reference Information
Bluenose Engineering Reference Information
Reference Information

Technical Articles

This article outlines the statutory requirements for reserve fund studies in Nova Scotia, their content and the process required to complete the assessment and report. The article includes the definition of terms used in reserve fund studies. 

The complete Act and Regulations are available on-line at http://nslegislature.ca/legc/statutes/condo.htm and https://www.novascotia.ca/just/regulations/regs/conregs.htm#TOC2_10, respectively. 

The purpose of this article is to provide background information for the use of reserve funds by a Condominium to (a) maintain the quality of the development, and (b) plan the Condominium’s maintenance into the long term.

This article addresses, in general terms, the life-cycle cost of building repairs and maintenance in relation to the building’s use and operation.

The article identifies the building components most relevant to long-term recapitalization and discusses the durability of these components - and their assessment.

Reserve fund studies are an essential tool in planning for the long-term maintenance of Condominium buildings.

This article presents the current state of Provincial regulation of reserve funding and study reporting in Canada, and the value of long-term maintenance planning.