Anticipated Expenditures

1 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Reserve Fund Maintenance Funds Escrow Replacement Reserve Anticipated Expenditures Property Management Real Estate Finance Tax Implications

A reserve fund is an account set aside to cover future building maintenance expenses, mortgage obligations, and other forthcoming financial requirements. These funds can be mandated by lenders, such as escrows, to ensure timely payments for property-related costs.