In today's Question of the day, we tackle a question relating to condominiums.

Multiple-choice question:
What is the purpose of the Reserve Fund?
a. To cover shortfalls in the annual budget
b. To pay for ongoing maintenance expenses
c. To pay for the repair and replacement of major capital items
d. To help unit owners who cannot pay their monthly condo fees

Put your answer in the comments and let's see if you got it right!

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