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Per Lot (PL)

Calculation that divides the reserve fund variables by the number of strata lots in a strata corporation.

Producing the analysis on the basis of each strata lot’s entitlement units is typically left to the Property Manager.

About Author: Jean-François

With experience gained in construction, project management, field reviews, inspections, report writing and as strata president, J.-F. has cross-industry expertise guaranteeing that you will participate in a process geared to improving the corporation's finances and to setting the condo | strata board | council's planning to stand the test-of-time.