Meaning REPLACEMENT RESERVE FUND
What does REPLACEMENT RESERVE FUND mean? Here you find 5 meanings of the word REPLACEMENT RESERVE FUND. You can also add a definition of REPLACEMENT RESERVE FUND yourself
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REPLACEMENT RESERVE FUNDAn account, or fund, setup for the replacement of short life items, such as carpeting, in the common areas of a cooperative property.
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REPLACEMENT RESERVE FUNDA fund set aside for replacement of common property in a condominium, PUD, or cooperative project -- particularly that which has a short life expectancy, such as carpeting, furniture, etc.
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REPLACEMENT RESERVE FUNDDefinition Money saved by a Planned Unit Development, condominium, or cooperative project to replace shared parts of a building.
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REPLACEMENT RESERVE FUNDReplacement reserve fund is an account maintained by a homeowners or condominium association. Â The money in the fund is used to replace property in common areas, such as swing sets or greenbelt benc [..]
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REPLACEMENT RESERVE FUNDAn account, or fund, setup for the replacement of short life items, such as carpeting, in the common areas of a cooperative property.
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