by genispec | Mar 12, 2026 | News
TL;DR – What You Need to KnowInflation makes long-term financial projections for a reserve fund uncertain over time.A reserve fund based on outdated assumptions can become underfunded even if contributions have been maintained.The main risk is an unexpected special...
by genispec | Jan 26, 2026 | News
TL;DR – Key takeaways A building’s lifespan depends less on its age than on the quality of its planning. Hidden anomalies accelerate deterioration and drive long-term costs. A reserve fund study based on the actual condition helps prevent special assessments....
by genispec | Feb 29, 2024 | News
What are the differences between commercial and industrial property inspections? Firstly, it’s essential to understand that there are two types of pre-purchase inspections offered to entrepreneurs. This makes perfect sense, given the diversity of commercial...
by genispec | Feb 5, 2024 | News
In 2024, the reserve fund study is mandatory! Bill 16 was established to preserve the physical and functional longevity of components in a condominium. Starting in 2023, the obligation to conduct a reserve fund study (also called a reserve fund study) came into...
by genispec | Dec 20, 2023 | News
Collaborating with experts to meet your condominium management needs Genispec has established a strategic partnership with HPDG, a property management company that also offers appraisals, known for its commitment to rigor and integrity in property evaluation and...
