GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:05 Nov 21, 2023 |
Portuguese to English translations [PRO] Bus/Financial - Real Estate / maintenance and management of buildings | |||||||
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| Selected response from: Jefferson Pereira Brazil Local time: 19:04 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +4 | [condominium] reserve fund |
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4 | emergency fund |
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[condominium] reserve fund Explanation: Referências: (1) A Condominium Reserve funds have two primary purposes: One is to cover unforeseen emergency expenses; the second purpose is to collect funds over time to pay for major expected repairs like elevators and roofs. - https://www.linkedin.com/pulse/condominium-reserve-fund-what... (2) A reserve fund is an account that condominium corporations maintain solely for major repairs and replacements of common elements and assets. - https://www.condoauthorityontario.ca/before-you-buy-or-rent-... (3) https://www.caionline.org/Advocacy/Priorities/ReserveStudy/P... -------------------------------------------------- Note added at 24 minutos (2023-11-21 12:30:13 GMT) -------------------------------------------------- Os significados do termo em inglês são semelhantes ao postado. |
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Grading comment
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Notes to answerer
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