Our specialized team of Certified Reserve Planners (CRP) and Accredited Appraisers are ready to consult and advise you on all aspects of Depreciation Reports, otherwise known as Reserve Fund Studies, and Insurance Appraisals.
Also known as a “Reserve Fund Study”, the Depreciation Report is a financial document that includes a detailed breakdown of all the common property components that a Strata Corporation will have to repair or replace over the next 30 years. It provides the Strata Corporation with a summary of current deficiencies, future projected capital expenditures and costs for each component. Furthermore, the Depreciation Report provides a financial plan for the Strata Corporation to prepare for these expenditures. The Depreciation Report is to be updated every three years and will be an integral part of the Strata Corporation’s long term planning.
Our experienced team of consultants will provide an economical solution for your Strata Corporation’s Depreciation Report / Reserve Fund Study needs with uncompromising integrity and reliability.
If you would like a free, no-obligation quote for a Depreciation Report, please call our toll-free line at 1-877-782-5838!